Computerized image analysis developer VirtualScopics reported a slight revenue increase and a deeper net loss for its first quarter (end-March 31).
VirtualScopics' revenues for the first quarter of 2012 increased to $3.7 million, compared with $3.6 million in the first quarter of 2011. Net loss for the period was $614,000, compared with $200,000 in the first quarter of 2011.