Orthopedic imaging technology developer EOS Imaging reported a strong increase in revenues for the second quarter of 2020.
Revenues rose about 115% to 7.3 million euros ($8.5 million U.S.) in the second quarter (end-June 30), compared with 3.4 million euros ($3.9 million) during the same period of 2019. The company said that the resumption of installation activity in the back half of the second quarter -- along with regular maintenance revenues -- led to the increase.
EOS booked four equipment orders in the second quarter of 2020, compared with 15 orders in Q2 2019. This is a direct result of the COVID-19 pandemic, according to the company. The company did not report net income numbers.
