CHARLOTTE, N.C., Nov. 11, 2011 /PRNewswire/ -- MedCath Corporation (Nasdaq: MDTH) will issue a press release to announce results from its fourth fiscal quarter ended September 30, 2011 on or about December 14, 2011. MedCath intends to file its Annual Report on Form 10-K with the Securities and Exchange Commission on or about the same day. MedCath Corporation, headquartered in Charlotte, N.C., is a health care 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 two hospitals with a total of 159 licensed beds, located in California 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.