PACS developer New Mexico Software of Albuquerque posted increased annual revenues for 2007, the company reported.
For fiscal year 2007 (end-December 31), revenues increased 8.2% compared to the previous year, from $913,000 to $988,000. The company attributes the growth to the success of its teleradiology package, XR-EXpress. Sales of the package increased 103.6% in 2007.
The company also saw a lower net loss for the year. Net loss was reduced by 73% to $739,000, compared with $2.7 million in 2006.
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