Radiation therapy and radiofrequency ablation (RFA) developer RITA Medical Systems of Mountain View, CA, posted fiscal 2004 first-quarter revenues of $4.6 million, a slight uptick in light of the $4.5 million posted for the period a year earlier. Those results included $522,000 in sales to the company's Japanese distributor that are not repeated in the first quarter of 2004, the firm said.
For the quarter (end-March 31), the company trimmed its net loss to $2.2 million, compared with a net loss of $2.9 million in the same period last year.
By AuntMinnie.com staff writersApril 29, 2004
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RITA gets Japanese reimbursement nod, March 11, 2004
RITA claims reimbursement momentum for RFA, March 4, 2004
Uecker hired as RITA CTO, January 13, 2004
RITA slows losses in Q3, October 23, 2003
RITA names Pedroff as VP, September 18, 2003
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