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Vasomedical Announces Financial Results for the Fourth Quarter and Year Ended 2012
Date:4/1/2013

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About Vasomedical
Vasomedical, Inc. is a diversified medical technology company specializing in the manufacture and sale of medical devices and in the domestic sale of diagnostic imaging products.  The Company's main proprietary products are EECP® Therapy systems, the gold standard of ECP treatment. The Company operates through three wholly owned subsidiaries: VasoSolutions, Vasomedical Global and VasoHealthcare. VasoSolutions manages and coordinates the design, manufacture and sales of EECP® Therapy systems, and other medical equipment operations; Vasomedical Global operates the Company's China-based subsidiaries; and VasoHealthcare is the operating subsidiary for the exclusive sales representation of GE Healthcare diagnostic imaging products in certain markets. Additional information is available on the Company's website at www.vasomedical.com.
Summarized Financial Information FOR THE THREE MONTHS ENDEDFOR THE YEAR ENDEDSTATEMENTS OF OPERATIONSDecember 31, 2012December 31, 2011December 31, 2012December 31, 2011(In thousands except per share amounts)Revenue

$  9,778

$ 14,562$ 29,240

$  31,112Gross profit

$  6,820

$ 10,454$ 20,594

$  21,917Operating (loss) income

$
377

$   5,117$ (3,508)

$
3,701Other income (expense), net

$
28

$
45$
79

$
208(Loss) income before taxes

$
405

$   5,262$  (3,329)

$
3,909Income tax benefit (expense)

$
21

$
(271)$
(52)

$
(275)Net (loss) income 

$
426

$   4,991$  (3,381)

$

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SOURCE Vasomedical, Inc.
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