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Fischer Imaging Corp.

Imaging company reports third-quarter revenue of $13.4 million

Published in Pharma Law Weekly, December 13th, 2005

Fischer Imaging Corp. (FIMG) reported revenue of $13.4 million for the third quarter ended September 30, 2005, compared with revenue of $17.8 million for the third quarter of 2004.

On an operating basis the company reported a loss of $10.0 million compared with an operating loss of $1.7 million in the third quarter of 2004. The third-quarter 2005 operating loss included nonrecurring adjustments, including a lease termination fee of $4.0 million, a charge for impairment of long-lived assets of $0.8 million, and a provision of $0.7 million for excess and obsolete inventories.

The remaining change in operating loss is due to the decrease in volume and...

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