Advanced visualization software provider Vital Images reported record revenue of $11.9 million in its fiscal 2005 second quarter, up 50% compared with the $8 million turned in for the second quarter of 2004. For the period (end-June 30), the Minneapolis-based firm had net income of $734,000, compared with net income of $78,000 for the same period last year.
For the 2005 full year, Vital Images said it was raising its guidance for total revenue to a range of $48 million to $50 million, up from its prior revenue guidance of $46 million to $48 million. These revenue levels represent a 33% to 39% increase over 2004 revenue of $36.1 million.
By AuntMinnie.com staff writers
August 2, 2005
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