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Saturday, October 17, 2009 8:37:36 AM
08/26/2009
New York, NY, August 26, 2009-EbitdaEXTRA reports that negative EBITDA for Medefile International, Inc. (OTC:MDFI) for its quarter ended June 30, 2009 was $(241,552), a 58% improvement over the year earlier same quarter when Medefile International generated $(577,815) in negative EBITDA. Medefile International has generated fourteen consecutive quarters of negative EBITDA. EBITDA for the most recent quarter also reached a three year high.
For Medefile International's twelve months ended June 30, 2009 EBITDA was $(1,513,858), compared with $(3,242,770), a 53% improvement over the comparable year earlier twelve months. EBITDA for the most recent twelve months also reached a two year high.
The shares of Medefile International were recently trading at $0.001.
EBITDA defined by EbitdaEXTRA:
EBITDA (Earnings Before Interest Taxes Depreciation & Amortization) is calculated by taking Operating Income and adding or subtracting depreciation and/or amortization.
EbitdaEXTRA is the primary "EBITDA" news source for over 8,000 public companies for monitoring and reporting on EBITDA.
EbitdaEXTRA, in publishing over 30,000 stories per year related to EBITDA, is the leading global source for EBITDA related news. EbitdaEXTRA’s company news, industry news and archives are available at www.StockTrendNews.com.
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