Solid gains in Volcano's medical segment helped the intravascular ultrasound developer to a 14% increase in revenues in its second quarter.
Driven by a 22% increase in medical segment revenues, Volcano had second-quarter revenues of $84 million, up from $73.5 million in the second quarter last year. For the period (end-June 30), the company had net income of $4.9 million, down slightly from the $5.4 million reported a year ago.
