Growth in its OEM-based product lines propelled Swedish image enhancement developer ContextVision to higher revenues in the third quarter (end-September 30).
Revenues more than doubled to 23.4 million Swedish kronor ($3.6 million U.S.), compared with 10.9 million kronor ($1.7 million) in the third quarter of 2006. The Stockholm-based company also posted an operating profit of 12.3 million kronor ($1.9 million), compared with 600,000 kronor ($93,000) in the same quarter a year ago.
ContextVision noted that the demand was led primarily by interest in its GOPView US, ultrasound real-time image enhancement software, as well as demand for image enhancement software from the x-ray industry.
By AuntMinnie.com staff writers
October 24, 2007
Related Reading
ContextVision signs OEM contracts, June 12, 2007
ContextVision releases GOPView for digital x-ray, April 18, 2007
ContextVision releases new US software, March 20, 2007
ContextVision launches next iteration of GOPView, November 17, 2006
ContextVision installs low-dose CT systems, November 9, 2006
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