Home | Business News | Browse by Publication | P | PR Newswire

Global Med Technologies(R), Inc. Reports Increased Revenues, Shows Profitability, and Reduces Its Shareholders' Deficit by $25.5 Million.

Publication: PR Newswire
Publication Date: 28-APR-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
DENVER, April 28 /PRNewswire-FirstCall/ -- Global Med Technologies(R), Inc. (BULLETIN BOARD: GLOB) has reported its seventh consecutive quarter of revenue growth. The Company's revenues increased to $2.816 million for the three months ended March 31, 2006 from $2.575 million for the comparable quarter in 2005. For the quarter ended March 31, 2006, the Company posted income from operations of $58 thousand and net income of $779 thousand. In addition, the Company's shareholders' deficit declined by $25.5 million. As of December 31, 2005, the Company's shareholders' deficit was $25.833 million. As of March 31, 2006, the shareholders' deficit was $333 thousand.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040226/GLOBALMEDLOGO )

Michael I. Ruxin,...

Read the FULL article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 3 Days!
Tell Me More   Terms and Conditions

Get Goliath Business News for 1 year - Just $99 (Save 65%)
Tell Me More   Terms and Conditions

Already a subscriber? Log in to view full article



More articles from PR Newswire
Sound Federal Bancorp, Inc. Announces Fourth Fiscal Quarter and Year-E..., April 28, 2006
CryoCor Announces Web Cast and Conference Call of First Quarter 2006 R..., April 28, 2006
Horizon Lines Reports Strong Gain in First Quarter Earnings., April 28, 2006
Global Payments Europe Issues Credit Cards for Mobile Telephone Operat..., April 28, 2006
Colorado Becomes an International Center for Non-Fusion Treatment of S..., April 28, 2006

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.