MedCath Corporation Reports Second Fiscal Quarter Earnings

Tuesday, May 10, 2011 Corporate News
Email Print This Page Comment
Font : A-A+

The following table reconciles MedCath Corporation's diluted (loss) earnings per share from continuing operations, net of taxes attributable to MedCath Corporation's common stockholders as derived directly from MedCath's consolidated financial statements to Adjusted diluted earnings per share from continuing operations (inclusive of the effect of dilutive shares) for the three and six months ended March 31, 2011 and 2010.

Three Months Ended March 31,

Six Months Ended March 31,

2011

2010

2011

2010

Diluted (loss) earnings per share

$     (0.61)

$   (0.46)

$   (0.26)

$     (0.55)

Add:

Gain on sale of unconsolidated affiliates

(0.01)

-

(0.47)

-

Professional fees for strategic options process

0.05

-

0.13

-

Sales tax refunds

-

-

(0.06)

-

Impairment of long-lived assets

0.59

0.60

0.59

0.60

Loss on note receivable

-

0.05

-

0.05

Share-based compensation expense

0.03

0.04

0.09

0.06

Pre-opening expense

-

-

-

0.02

Adjusted diluted earnings per share

$      0.05

$     0.23

$     0.02

$      0.18



Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions

News A - Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Advertisement
Advertisement

Press Release Category

Press Release Archive

Stay Connected

  • Available on the Android Market
  • Available on the App Store

Facebook