Three-dimensional-software developer Vital Images reported revenue for its third quarter of $5.6 million, up 54% from $3.6 million in the third quarter of 2001. The Plymouth, MN-based company reported net income of $419,000 for the quarter (end-September 30), compared to a net loss of $131,000 in the third quarter of 2001.
For the first three quarters of 2002, revenue increased to $14.9 million from $10.6 million for the same period of 2001, a gain of 40%. The net income for 2002 rose to $373,000 compared with a net loss of $1.2 million for the same period of the prior year.
By AuntMinnie.com staff writersOctober 17, 2002
Related Reading
Vital Images releases new Vitrea version, September 25, 2002
Vital Images reports record Q2, July 18, 2002
Vital Images names new marketing VP, July 17, 2002
Vendors gear up for emerging VC market, June 3, 2002
Vital Images trims Q1 loss, April 17, 2002
Copyright © 2002 AuntMinnie.com
