Wednesday, May 30, 2007

Elbit Medical Imaging posts quarterly loss

(Reuters) - The company reported revenue of $97.2 million, including gain from sales of two of its shopping and entertainment centers. It expects to record additional gain of about $20.7 million as a result of these sales in the forthcoming quarters.



Elbit said excluding stock-based compensation, loss for the latest quarter was $5.6 million, compared with a net income of $2.3 million for the year-ago period.


Read more at Reuters.com Market News

No comments: