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Crdentia revenue rises, loss narrows

May 21 2008

First-quarter revenue at healthcare staffing firm Crdentia Corp. (OTCBB: CRDT.OB) rose while its first-quarter loss narrowed.

Crdentia reported first-quarter revenue of $10.6 million, up 30.7% from $8.1 million in the first quarter of 2007.

The company reported a first-quarter net loss of $2.3 million, compared with a net loss of $6.6 million in the first quarter of last year. Gross margin improved to 21.8% from 21.1%.

Crdentia Corp. (OTCBB: CRDT.OB)
For the first quarter ended March 31, 2008, compared with the same period in 2007.
Revenue: $10.6 million, +30.7%
Net loss: $2.3 million vs. net loss of $6.6 million

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