Digirad Corporation Reports Financial Results for the First Quarter Ended March 31, 2018
DIGIRAD (DRAD)
Last digirad earnings: 11/3 06:00 am
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Source: GlobeNewswire
Debt paydown of $6.5 million during the quarterAnnounces 2018 financial guidanceCompany to pay regular quarterly cash dividend of $0.055 cents per share SUWANEE, Ga., May 01, 2018 (GLOBE NEWSWIRE) -- Digirad Corporation (Nasdaq:DRAD) today reported its financial results for the first quarter ended March 31, 2018. Total revenues from continuing operations for the first quarter were $25.5 million, compared to $25.8 million in the first quarter of the prior year. Net loss from continuing operations for the first quarter was $1.4 million, or $0.07 net loss per diluted share from continuing operations, compared to net loss of $2.3 million, or $0.11 net loss per diluted share in the same period in the prior year. Non-GAAP adjusted net loss from continuing operations for the first quarter was $1.4 million, or $0.07 adjusted net loss from continuing operations per diluted share, compared to $1.3 million, or $0.06 adjusted net loss per diluted share in the same period in the prior year.
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