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Medical News Article on Urologix, Inc.
Urologix Reports Fiscal 2008 Third Quarter Results
2008 MAY 5 -- Urologix(R), Inc. (NASDAQ:ULGX), reported financial results for the fiscal 2008 third quarter ended March 31, 2008. Revenue for the third quarter of fiscal 2008 was $3.1 million or 39 percent less than the $5.1 million reported in the same period of fiscal 2007 and 19 percent less than $3.8 million reported in the second quarter of this fiscal year. Net loss for the third quarter of fiscal 2008 was $2.1 million, or a loss of $0.15 per diluted share, compared to a net loss of $777,000 or a loss of $0.05 per diluted share, in the third quarter of fiscal 2007. For the nine months ended March 31, 2008, revenue was $11.2 million compared to $16.5 million for the nine...
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