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Graymark Healthcare Inc.

Graymark Healthcare Reports Second Quarter Revenue Increase of 108 Percent

Published in Gastroenterology Week, August 25th, 2008

Graymark Healthcare Inc. (OTCBB: GRMH) announced results for the second quarter ended June 30, 2008.

Net revenue for the second quarter of 2008 increased 108 percent to $23.3 million, compared to $11.2 million in the second quarter of 2007. After-tax net income increased to $368,102 for the second quarter of 2008, compared to a loss of $696 for the second quarter of 2007. During the second quarter of 2008, EBITDA improved 126 percent to $1.4 million, compared to $635,234 in last year's second quarter.

Our sleep diagnostic business comprised of SDC Holdings and Advanced Medical Enterprises, generated combined net revenue of $3.8 million, an increase...

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