Neoprobe revenues climb in Q1

Gamma camera probe developer Neoprobe reported first-quarter revenues of $1.8 million, up 20% compared with the $1.5 million reported a year ago. For the period (end-March 31), the Dublin, OH-based firm had a net loss of $928,000, compared with a net loss of $1 million in 2005.

Neoprobe vice president, finance, and chief financial officer Brent Larson said that the revenue gains were due to continued strong gamma device prices and unit volumes.

By AuntMinnie.com staff writers
May 2, 2006

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