PET manufacturer Positron reported first-quarter revenues of $493,000, down 57.8% from same-quarter bookings last year of $1.2 million. For the period (end-March 31), the Houston-based vendor had a loss of $662,000, compared with a loss of $157,000 in 2000.
Positron's 2001 first-quarter revenues were derived from system upgrades, service, and components. The company's revenues in the same period the previous year were boosted by the sale of a PET camera, Positron said.
The company invested in R&D during the first quarter, and expects to introduce enhanced hardware and software systems within the next three months, according to president Gary Brooks. Positron expects to see increased sales of its mPower scanner in the coming quarters.
By AuntMinnie.com staff writersMay 16, 2001
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