DEER PARK, N.Y., Aug. 12, 2008 (PRIME NEWSWIRE) -- Langer, Inc. (Nasdaq:GAIT) (“Langer” or the “Company”) reported a net loss from continuing operations for the three months ended June 30, 2008 of approximately $640,000 or $(.06) per share on a fully diluted basis, on revenues of approximately $14.8 million. For the comparable period in 2007, the Company experienced a net loss from continuing operations of approximately $780,000 or $(.07) per share on a fully diluted basis, on revenues of approximately $14.9 million. The principal reasons for the decrease in the net loss from continuing operations was a decrease of approximately $400,000 in operating expenses, offset by a decrease in gross profit of approximately $233,000.
