Imaging Dynamics reports profit in Q3

Canadian digital radiography company Imaging Dynamics (IDC) of Calgary, Alberta, reported that strong sales in the U.S. helped boost the company's third-quarter (end-September 30) results.

Revenues increased to $8.1 million, up from $1.9 million in the third quarter of 2004. Net income totaled $703,000, compared with a net loss of $1.3 million in the same quarter a year ago.

For the nine-month period, revenues grew to $20.6 million, more than triple the $5.4 million posted in the same period of 2004. Net income reached $2.1 million, compared with a net loss of $2.2 million a year ago.

By AuntMinnie.com staff writers
November 9, 2005

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