iCAD revenues surge in Q2

AuntMinnie.com staff writers
Aug 5, 2008

Sales of its digital mammography computer-aided detection (CAD) technology contributed to record revenues for iCAD in its second quarter.

For the period (end-June 30), the Nashua, NH-based firm had revenues of $10.5 million, up 73% compared with the $6.1 million turned in last year. iCAD had a record net income of $2.4 million, up from a net loss of $866,000 in the second quarter of 2007.

Related Reading

iCAD finalizes CAD Sciences buy, July 21, 2008

iCAD to buy CAD Sciences, June 23, 2008

iCAD launches clinical study for colon CAD, June 19, 2008

iCAD trims net loss, May 7, 2008

FDA OKs iCAD SecondLook with Fuji FCRm, April 7, 2008

Copyright © 2008 AuntMinnie.com

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