Urologix Announces Preliminary First Quarter Results

MINNEAPOLIS--(BUSINESS WIRE)--Urologix®, Inc. (NASDAQ:ULGX), announced today preliminary revenue results for the first quarter ended September 30, 2006. Based on preliminary results that have not yet been reviewed by the company’s auditors, the company anticipates that revenue for the first quarter of fiscal year 2007 will be approximately $5.4 million, compared to $6.2 million in the same period in fiscal year 2006. The revenue decrease from recent historical levels is expected to have a negative impact to the Company’s net operating results. The Company’s management is currently analyzing the revenue and net operating results and will be prepared to discuss them further when the Company reports its full financial results for the first quarter.
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