Medipattern posts net loss in Q3

Computer-aided detection (CAD) firm Medipattern of Toronto posted a net loss in its fiscal 2010 third quarter (end-March 31).

Revenue rose 9% to $20,735 Canadian ($19,764 U.S.), compared with $19,025 ($16,742 U.S.) in the same period in 2009. However, the company posted a net loss of $680,615 ($648,704 U.S.), compared with 2009's third-quarter net loss of $883,253 ($777,262 U.S.).

Related Reading

Medipattern nets more financing, May 18, 2010

Medipattern signs large B-CAD deal, March 2, 2010

Medipattern's revenue falls in Q2, February 12, 2010

Medipattern names new CFO, February 1, 2010

Medipattern signs NJ customer, December 14, 2009

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