Digirad Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net loss of $414,000 or $0.02 per basic and diluted share on total revenue of $16,928,000 against net loss of $869,000 or $0.05 per basic and diluted share on total revenue of $20,203,000 for the same period a year ago. Loss from operations of $514,000 compared to $981,000 for the same period a year ago. Total revenue decreased mainly due to the sale of fewer nuclear gamma cameras that resulted from economy-driven tightening of hospital budgets and debt availability. For the nine months, the company reported net income of $414,000 or $0.02 per basic and diluted share on total revenue of $53,197,000 against net loss of $3,420,000 or $0.18 per basic and diluted share on total revenue of $58,371,000 for the same period a year ago. Income from operations of $29,000 compared to loss from operations of $4,095,000 for the same period a year ago. Total revenue decreased mainly due to the sale of certain Digirad Imaging Solutions hubs earlier this year and fewer nuclear gamma camera sales.

To discuss the company's business, strategic focus and outlook

Digirad Corporation announced the immediate availability of c.pax(TM), a combined structured reporting and picture archiving and communication system (PACS) in an online solution. Digirad's fully-integrated approach reduces capital costs; information technology (IT) support and maintenance costs; increases practice workflow efficiency; and extends access of CVIS, for the first time, to practices of all sizes.