SonoSite trims net loss

AuntMinnie.com staff writers

Oct 25, 2000

Handheld ultrasound developer SonoSite this week reported third-quarter revenues of $8.3 million, compared with $745,000 in the third quarter of 1999, when SonoSite began shipping its first SonoSite 180 systems. For the quarter (end-September 30), the Bothell, WA-based firm had a net loss of $4.6 million, compared with a net loss of $6.3 million in the same period last year.

Looking forward, SonoSite plans to form a direct sales force in Europe, and expects to launch several new products over the next 18 months, according to president and CEO Kevin Goodwin.

By AuntMinnie.com staff writers
October 26, 2000
Related Reading

SonoSite warns of lower revenues, September 7, 2000

SonoSite gets OK to market SonoHeart in Japan, August 24, 2000

SonoSite trims net loss in Q2, July 27, 2000

SonoSite, Hill-Rom introduce hand-carried obstetric ultrasound scanners, June 5, 2000

SonoSite, ATL broaden relationship, May 19, 2000

Copyright © 2000 AuntMinnie.com

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