Connectivity and medical imaging manufacturer Analogic reported revenues of $76.5 million in its third quarter, an 8% increase compared with the $70.9 million reported in the same period last year. For the quarter (end-April 30), the Peabody, MA-based firm had net income of $5 million, compared with net income of $5.3 million in 1999.
Analogic reported significant growth in sales of its CT systems during the period. Shortly after the close of the quarter, Analogic also signed a development and supply agreement with an undisclosed major vendor to provide several hundred CT systems over the next five years, according to the company.
By AuntMinnie.com staff writers
June 8, 2000
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