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Applied Imaging Corp.

Applied Imaging reports income of $0.06 per share in 2005 Q4

Published in Medical Imaging Law Weekly, April 18th, 2006

Applied Imaging Corp. (AICX) announced financial and operating results for the fourth quarter and full year ending December 31, 2005.

Total revenues for the 3 months ended December 31, 2005 were $5.4 million, as compared to $5.7 million for the fourth quarter of 2004.

The company generated net income of $282,000, or $0.06 per share, for the quarter, versus a net loss of $1.4 million, or $0.29 per share, for the comparable quarter in 2004. Operating income for the quarter was $66,000, as compared to an operating loss of $1.4 million in the fourth quarter of 2004.

This significant improvement in operating results was largely the...

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