EP Medsystems Inc.


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EP Medsystems Inc. reported its financial results for the fourth quarter and full fiscal year ended December 31, 2007. For the quarter, the company reported record quarterly revenue of $5.6 million, representing a 29% increase over the $4.4 million achieved during the fourth quarter of 2006. The Company's net loss was $2.1 million, or $0.07 per share and adjusted net loss in the fourth quarter was $787,000, or $0.03 per share. For the fourth quarter of 2006, the company reported a net loss of $1.1 million or $0.04 per share.