Computer-aided detection developer iCAD reported second-quarter sales of $5.6 million, up 330.8% compared with the $1.3 million reported in the second quarter a year ago.
For the quarter (end-June 30), the Nashua, NH-based vendor had net income of $46,000, compared with a net loss of $1.3 million last year.
The company attributed the sales increase primarily to its acquisition last year of CADx Systems.
By AuntMinnie.com staff writersJuly 29, 2004
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