CHARLOTTE, N.C., April 26, 2011 /PRNewswire/ -- MedCath Corporation (Nasdaq: MDTH) will issue a press release after the market closes on May 10, 2011 to announce results from its second fiscal quarter ended March 31, 2011. MedCath has elected not to host a conference call to review its second fiscal quarter operating results. MedCath Corporation, headquartered in Charlotte, N.C., is a healthcare provider focused on high acuity services with the diagnosis and treatment of cardiovascular disease being a primary service offering. MedCath owns an interest in and operates six hospitals with a total of 533 licensed beds, located in Arizona, Arkansas, California, Louisiana, New Mexico, and Texas. In addition, MedCath and its subsidiary MedCath Partners provide services in diagnostic and therapeutic facilities. SOURCE MedCath Corporation
Shares of MedCath Corporation (Nasdaq:MDTH) were gapping down Friday morning with an open price 47.9% lower than Thursday's closing price. The stock closed at $14.07 yesterday and opened today's trading at $7.33.