SonoSite revenues climb

Handheld-ultrasound developer SonoSite reported third-quarter revenues of $18.5 million, up 55% from the $11.9 million posted in the same period last year. For the quarter (end-September 30), the Bothell, WA-based vendor had a net loss of $2.4 million, compared with a net loss of $2.3 million in the third quarter a year ago.

SonoSite is in position to pursue its first quarterly profit in the fourth quarter, said president and CEO Kevin Goodwin. The company expects to be profitable for 2003.

By AuntMinnie.com staff writers
October 24, 2002

Related Reading

SonoSite hires Surace-Smith, October 23, 2002

SonoSite launches iLook in U.S., August 19, 2002

Quistgaard to leave SonoSite, July 31, 2002

SonoSite Q2 shows revenue uptick, July 24, 2002

SonoSite gets clearance for new scanner, June 21, 2002

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