Digital x-ray developer Swissray International reported third-quarter revenue of $6.3 million, up 34% compared with the $4.7 million posted in the third quarter of 2001. For the period (end-March 31), the Elmsford, NY-based firm had a net loss of $925,000, compared with a net loss of $1.7 million last year.
Looking ahead, Swissray expects fiscal 2002 shipments will be more than 40% greater than the 66 systems shipped in fiscal 2001, said chairman and CEO Ruedi Laupper. The firm expects to post a profit in the fourth quarter, Laupper said.
By AuntMinnie.com staff writersMay 14, 2002
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