Monday, March 5, 2012

EP MEDSYSTEMS REPORTS INCREASED SALES FOR 4TH QTR.(Brief Article)(Statistical Data Included)

EP MedSystems, Inc. (NASDAQ: EPMD), Mt. Arlington, N.J., has announced sales for the fourth quarter totaled $2,967,000 as compared to $2,004,000 in 2000 and $2,483,000 for the third quarter 2001.

Loss from operations was $963,000 for the fourth quarter as compared to $1,486,000 for the comparable period in 2000. The basic and diluted loss per share was $0.07 per share for the fourth quarter and $0.14 for the comparable period in 2000.

Sales for the year ended December 31, 2001 were $9,933,000 as compared to $9,760,000 in 2000. Net loss for the year improved to $4,145,000 as compared to a net loss of $4,836,000 during 2000. The basic and diluted loss per share …

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