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For the nine months ended 30 September 2008, New York Health Care, Inc. revenues increased 4% to $34.1M. Net income totaled $928K vs. loss of $340K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Product Development decrease of 64% to $202K (expense), Interest Income increase of 30% to $74K (income).
Period Ending: | Sep 30, 2008 | Jun 30, 2008 | Mar 31, 2008 | Dec 31, 2007 |
---|---|---|---|---|
Total Revenue | 10.59 | 12.53 | 11.02 | 11.64 |
Gross Profit | 1.6 | 1.97 | 1.76 | 2.02 |
Operating Income | -0.22 | 1.04 | 0.07 | -0.89 |
Net Income | -0.18 | 1.04 | 0.07 | -0.71 |
Period Ending: | Sep 30, 2008 | Jun 30, 2008 | Mar 31, 2008 | Dec 31, 2007 |
---|---|---|---|---|
Total Assets | 14.91 | 15.08 | 13.26 | 12.42 |
Total Liabilities | 17.58 | 17.57 | 16.02 | 15.25 |
Total Equity | -2.67 | -2.49 | -2.76 | -2.83 |
Period Ending: | Sep 30, 2008 | Jun 30, 2008 | Mar 31, 2008 | Dec 31, 2007 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | 3.17 | 3 | 1.02 | -0.09 |
Cash From Investing Activities | -0.04 | -0.02 | -0.01 | -0.14 |
Cash From Financing Activities | ||||
Net Change in Cash | 3.12 | 2.98 | 1.02 | -0.22 |
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