IMRIS posts improved Q1 results

Image-guided therapy developer IMRIS reported increased revenue from service contracts, disposable products, and upgrades in its first-quarter financial results (end-March 31).

Revenues for the quarter increased 1% to $8.2 million, compared with $8.1 million in the first quarter of 2013. The company's net loss shrank to $7.9 million, compared with a net loss of $8.4 million in last year's first quarter. All amounts are in U.S. currency.

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