CHARLOTTE, N.C., July 26, 2011 /PRNewswire/ -- MedCath Corporation (Nasdaq: MDTH) will issue a press release after the market closes on August 9, 2011 to announce results from its third fiscal quarter ended June 30, 2011. MedCath has elected not to host a conference call to review its third 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. 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.