(EMAILWIRE.COM, July 08, 2009 ) DALLAS, Texas - BeaconEquity.com announces the publication of an article covering Merge Healthcare’s unaudited second-quarter results showing revenue and net profit, which increased from last year’s results.

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In the article the author writes:

“The provider of health IT solutions Merge Healthcare (Nasdaq: MRGE) recently announced its unaudited results for the second quarter ended June 30, 2009. … The Milwaukee, Wis.-based company said in a news release the preliminary results for the quarter were made public for the benefit of its shareholders, other interested investors, and shareholders of etrials Worldwide Inc. (Nasdaq: ETWC) who are considering Merge's tender offer to acquire all registered shares of etrails Worldwide. … Merge Healthcare said preliminary unaudited results is for revenue to reach between $15 million and 15.5 million, compared with $13.3 million posted last year during the same period.”

Merge’s net profit up from last year's second-quarter loss:

“Merge Healthcare expects a net profit range of $0.1 million and $0.8 million, up from last year's second-quarter loss of $18.2 million. Earnings before interest, taxes, depreciation and amortization (EBITDA, which include the amortization of stock-based compensation) will reach from between $3.1 million to $2.4 million, up from a loss of $14.0 million for the same quarter last year. Excluding the non-cash equity impairment charge of $3.6 million, second-quarter EBITDA is expected to reach between $6.7 million and $6.0 million.”

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Source: BeaconEquity.com

Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com

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