Positron Corporation (POSC)

[JackStraw]

Three Year High in EBITDA for Positron
08/26/2009
New York, NY, August 26, 2009-EbitdaEXTRA reports that negative EBITDA for Positron Corporation (OTC:POSC) for its quarter ended June 30, 2009 was $(492,000), a 19.6% improvement over the year earlier same quarter when Positron generated $(612,000) in negative EBITDA. Positron has generated twenty-five consecutive quarters of negative EBITDA. EBITDA for the most recent quarter also reached a three year high.

For Positron's twelve months ended June 30, 2009 EBITDA was $(5,937,000), compared with $(6,759,000), a 12.2% improvement over the comparable year earlier twelve months.

The shares of Positron were recently trading at $0.08 which is within 6% of their one year high of $0.09 on August 29, 2008.

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.

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