Handheld-ultrasound developer SonoSite reported first-quarter revenues of $12.8 million, up 57% compared from the $8.2 million booked in the first quarter of 2001. For the period (end-March 31), the Bothell, WA-based vendor had a net loss of $3.7 million, compared with a net loss of $6.7 million last year.
Among quarterly highlights, the firm said it was pleased with initial market response to its SonoHeart Elite system. SonoSite said it has received several order commitments for SonoHeart Elite, which began shipping in March.
By AuntMinnie.com staff writersApril 23, 2002
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SonoSite to supply U.S. government, military, February 27, 2002
SonoSite to float 2.7 million shares, February 25, 2002
SonoSite taps Little for engineering post, February 19, 2002
SonoSite revenues surge, February 15, 2002
SonoSite rolls out SonoHeart Elite, February 5, 2002
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