BRANFORD, Conn., Nov. 5, 2009 (GLOBE NEWSWIRE) -- CAS Medical Systems, Inc. (Nasdaq:CASM), today reported revenues of $9.2 million and net income of $197,000 for the third quarter ended September 30, 2009, compared to revenues of $11.7 million and net income of $329,000 for the same quarter of 2008. Results for the third quarter of 2009 were positively affected by $712,000 of pre-tax income related to settlement of the Analogic Corporation arbitration. Total revenue decreased $2.5 million or 22% for the third quarter ended September 30, 2009 compared to the same period in 2008. Earnings per basic and diluted common share for the three months ended September 30, 2009 decreased to $0.02 compared to $0.03 reported for the same period of 2008.
