MGC Diagnostics (MGCD) Reports Q1 EPS of $0.00

Go back to MGC Diagnostics (MGCD) Reports Q1 EPS of $0.00

MGC Diagnostics Corporation Reports Fiscal 2016 First Quarter Results

March 8, 2016 4:01 PM EST

SAINT PAUL, Minn., March 8, 2016 /PRNewswire/ -- MGC Diagnostics Corporation (NASDAQ: MGCD), a global medical technology company, today reported financial results for the first quarter ended January 31, 2016.

First Quarter Fiscal 2016 Highlights:

First quarter 2016 revenue increased by 3.4% to $9.3 million, compared to $8.9 million in the prior year period. Medical Graphics' revenue increased 4.9% to $8.1 million, compared to $7.7 million in the first quarter of fiscal 2015.  Medisoft's revenue fell 6.0% to $1.15 million from $1.23 million in the first quarter of fiscal 2015. Service revenue increased by 3.5% to $1.71 million in the fiscal first quarter... More