The comeback of PET camera developer Positron appears to be progressing well. The Houston company reported record financial results for the third quarter (end-September 30), posting a net profit and breaking the company record for number of scanners shipped on a year-to-date basis.
For the quarter, Positron had sales of $3.4 million, compared with revenues of $385,000 in the same period in 1999. The company’s net income was $1.5 million, compared with a net profit of $28,000 in the third quarter of last year.
Positron president Gary Brooks said the firm sold three PET cameras in the third quarter, a company record. It has shipped five cameras this year to date, also a company record, Brooks said. Positron expects sales to increase further as interest in PET imaging grows.
By AuntMinnie.com staff writersOctober 24, 2000
Related Reading
Positron builds revenue, shrinks loss in Q2
Asia’s largest PET facility orders five Positron scanners, June 5, 2000
Positron plans SNM debut of mPower, May 18, 2000
Positron scanner shipment sparks Q1 revenue gain, May 16, 2000
Positron ships first Posicam-HZL to Japan, May 4, 2000
Positron ships PET scanner, April 6, 2000
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