CardioGenics Holdings Inc. announced earnings results for the year ended October 31, 2011. For the year, the company reported revenues of $8,876 compared to zero revenue for the twelve months ended October 31, 2010. The increase, was the result of the company's first paramagnetic bead sales in fourth quarter 2011. The company reported a net loss of $3.900 million or $0.07 per share compared to a net loss of $2.038 million or $0.04 per share for the twelve months ended October 31, 2010.