Urologix Inc. reported unaudited earnings results for the first quarter ended September 30, 2009. Revenue for the first quarter was $3.9 million, or 45% more than the $2.7 million reported in the same period of fiscal 2009. Revenue was 12% more than the $3.4 million reported in the fourth quarter of fiscal 2009. The increase in revenue over both the first quarter and fourth quarter of fiscal 2009 is due to increased sales in all distribution channels: Urologix mobile service, direct and third-party mobile services. Net loss for the first quarter was $677,000, or a loss of $0.05 per diluted share. This compares to a net loss of $1.3 million or $0.09 per diluted share for the first quarter of fiscal 2009, and a loss of $876 000 or $0.06 per diluted share in the fourth quarter of fiscal 2009. The company reported loss before income taxes of $681,000 compared to the loss before income tax of $1.240 million. The company reported operating loss of $681,000 compared to the operating loss of $1.286 million for the same period a year ago. The company reported that net cash used for operating activities of $1.013 million compared to the net cash used for operating activities of $1.818 million for the same period a year ago. The company announced purchase of property and equipment of $38,000 compared to the purchase of property and equipment of $16,000 for the same period a year ago.

Urologix, Inc. expected to Report Q2 2010 Results on January 25, 2010. This event was calculated by Capital IQ (Created on October 27, 2009).

Urologix, Inc., Q1 2010 Earnings Call, Oct 27 2009