PET manufacturer Positron reported first-quarter revenues of $1.5 million, more than double the $493,000 reported in the first quarter of 2001. For the period (end-March 31), the Houston-based vendor had a net loss of $511,000, compared with a net loss of $622,000 last year.
The company said that it shipped one mPower PET scanner in the quarter, compared with none in the first quarter of 2001. Positron expects additional revenue increases in the second quarter as it moves towards profitability, said president and CEO Gary Brooks.
By AuntMinnie.com staff writersMay 17, 2002
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Positron issues "going concern" warning, April 2, 2002
Positron partners with HealthCare Concepts, January 14, 2002
Positron sells first PET scanner in south Texas, November 27, 2001
Positron revenues slip, November 12, 2001
Positron revenues dip in Q2, August 13, 2001
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