In line with a previous annoucement, ultrasound manufacturer SonoSite has released lower fourth quarter and year 2000 financial results. For the quarter and year (end-December 31), the Bothell, WA-based vendor posted revenues of $6.7 million and $32 million, respectively.
SonoSite reported a net loss of $8.2 million for the quarter, and a net loss of $19 million for the year. Company officers were encouraged, however, by fourth-quarter improvements to SonoSite's direct-sales channel, and by several recently announced contracts with large healthcare organizations, said Kevin Goodwin, president and CEO.
By AuntMinnie.com staff writersFebruary 8, 2001
Related Reading
SonoSite snares AmeriNet contract, February 6, 2001
SonoSite sales to fall below expectations, January 18, 2001
SonoSite to supply scanners to Novation, December 19, 2000
SonoSite trims net loss, October 26, 2000
SonoSite warns of lower revenues, September 7, 2000
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