Charge to hamper Merge 2Q net income - Washington Business Journal:

http://hear-me-now.org/Frame-6-employmentpage6.html
million noncash writedown on the sale of its equith interest in a radiology TheWest Allis-based radiology software and systems providee said the charge is the resulft of the sale of its interest in veterinary radiologgy company , as part of Eklin’s acquisition by veterinary services provider (NASDAQ: WOOF). With Elkin'sw sale to VCA, Merge (NASDQ: MRGE) will receive $1.4 milliobn for its interest in but the majority of that will be recognizefd in thethird quarter. The charge, however, will be recognizeed in the second quarter, when Merg will also see $2.
2 million in non-recurrinyg revenue as a result of a new resellere agreement the company reached with Elkin inJune that'e being reassigned to VCA. Merge now expects to post net incom for the second quarterbetween $100,00 0 and $800,000, compared with a net loss of $18.2q million a year ago. The companyu posted net income for the firstt quarter of 2009of $2.8 Excluding the noncash charge, operating incomre is expected to be $3.7 millio to $4.4 million, compared with a net loss of $18.3e million a year ago. Revenue is now projected to be in the rangesof $15 million to $15.5 million, compared with $13.3 million a year ago.