Graymark Healthcare Reports Q3 EPS of $(0.13)

Graymark Healthcare Inc. GRMH today announced financial results for the quarter ending Sept. 30, 2010, including $5.5 million in sales from continuing operations. Graymark Healthcare saw a $0.3 million (7 percent) increase in sales in its continuing operations compared to the same quarter last year, driven by acquisitions completed in the third quarter of 2009. The after-tax net loss attributable to Graymark was approximately $3.8 million for the third quarter of 2010, or a loss of $0.13 per diluted share, compared to a net loss of $0.8 million, or $0.03 per diluted share, in the third quarter of 2009.
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