/C O R R E C T I O N -- TriPath Imaging, Inc./
April 27 2006 - 2:32PM
PR Newswire (US)
In the news release, TriPath Imaging (NASDAQ:TPTH) Reports EPS of
$0.04 in First Quarter of 2006, issued earlier today by TriPath
Imaging, Inc. over PR Newswire, the table "Condensed Consolidated
Statements of Operations" was misaligned as incorrectly transmitted
by PR Newswire. The line items "Interest expense", "Net income
before income taxes", and "Income taxes" reflected incorrect
values. The complete, corrected table follows: TriPath Imaging,
Inc. Condensed Consolidated Statements of Operations (In thousands,
except per share data) (Unaudited) Three months ended March 31,
2006 2005 Revenues $24,042 $19,327 Cost of revenues 7,905 5,779
Gross Profit 16,137 13,548 Operating expenses: Research and
development 3,594 3,129 Regulatory 1,111 752 Selling and marketing
6,182 4,942 General and administrative 3,564 3,895 14,451 12,718
Operating income 1,686 830 Interest income 234 100 Interest expense
(4) (5) Net income before income taxes 1,916 925 Income taxes (171)
- Net income $1,745 $925 Earnings per common share Basic $0.05
$0.02 Diluted $0.04 $0.02 Weighted-average common shares
outstanding Basic 38,361 38,155 Diluted 39,230 39,258 DATASOURCE:
TriPath Imaging, Inc.
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