Healthcare Equipment and Supplies
Company Overview of Medical Graphics Corporation
Medical Graphics Corporation designs, manufactures, and distributes non-invasive cardio-respiratory diagnostic systems and related software applications. It offers pulmonary consult software; flow sensors; prevent filters; CPFS/D Spirometer that provides spirometry services with optional bronchial provocation software; CPX Express that enables clinics, private practices, rehabilitation, and sports performance centers to assess exercise capacity; ECG stress system; and BreezeConnect that provides networking and interfacing solutions. The company offers accessories, including flow sensor, directconnect flow sensors, bikes, treadmills, environmental monitors, canopies, face tents, face masks, a...
350 Oak Grove Parkway
Saint Paul, MN 55127
Founded in 1977
Key Executives for Medical Graphics Corporation
Chief Executive Officer, President and Director
Vice President - Operations
Vice President of Cardiorespiratory Business
Vice President - Research and Development
Compensation as of Fiscal Year 2014.
Medical Graphics Corporation Key Developments
Medical Graphics Corporation Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended October 31, 2014
Jan 7 15
Medical Graphics reported unaudited earnings results for the fourth quarter and full year ended October 31, 2014. For the quarter, the company reported operating income of USD 487,000. Net income was USD 172,000. The company reported revenue of USD 8.4 million compared to USD 9.1 million for the same period last year, an 8.3% decrease.
For the full year, the company reported operating loss of USD 229,000. Net loss was USD 652,000.
MGC Diagnostics Corporation and Medical Graphic Corporation Enter into a Credit Agreement with BMO Harris Bank NA
Jul 30 14
On July 24, 2014 MGC Diagnostics Corporation and its wholly owned subsidiary Medical Graphic Corporation entered into a credit agreement with BMO Harris Bank NA. The agreement includes a $4.0 million term loan and $3.0 million revolving credit facility that includes a $500,000 sub-limit for the issuance of standby and commercial letters of credit. The term loan, which bears interest at a floating rate currently equal to 5.0%, is amortized over a five-year period ending July 24, 2019 and is evidenced by a term note. The company funded the original $4.0 million under the term loan on July 24, 2014. The company is using these proceeds in connection with its acquisition of Medisoft SA, which the company expects to close on August 1, 2014. The revolving credit facility has a one-year term. The company anticipates it will renew the revolving credit facility after this initial one-year term. The company may use the revolving credit facility from time to time for working capital or general corporate needs. The revolving credit facility is evidenced by a revolving note.
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