Gamma camera probe developer Neoprobe reported that sales slipped slightly in the first quarter of 2007 (end-March 31), while the company's net loss grew slightly.
For the period, the Dublin, OH, firm posted sales of $1.74 million, down 3% compared with $1.79 million in the first quarter of 2006. The company's net loss for the first quarter stood at $1.1 million, compared to a net loss of $928,000 in the same period of 2006.
The company said that rising sales of its Bluetooth-enabled wireless probes offset declines in its base gamma camera business. The overall rise in sales in that business segment, however, was offset by declines in the company's blood-flow device unit.
By AuntMinnie.com staff writers
May 1, 2007
Related Reading
Neoprobe Lymphoseek trial moves forward, March 5, 2007
Neoprobe gets FDA nod for more Lymphoseek trials, January 17, 2007
Neoprobe debuts Bluetooth probe, October 10, 2006
Neoprobe, Estech ink distribution deal, September 11, 2006
Neoprobe to start Lymphoseek trial, July 13, 2006
Copyright © 2007 AuntMinnie.com
