Computerized image analysis developer VirtualScopics reported that sales for its fiscal 2006 second quarter (end-June 30) were $1.3 million, a 27% increase over the comparable period in fiscal 2005.
Net losses for the period were $1.2 million, of which $564,000 was attributed to the inclusion of noncash compensation in the quarterly results, according to the Rochester, NY-based firm.
By AuntMinnie.com staff writers
August 10, 2006
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