PACS and connectivity firm Merge Technologies moved into the black in its second quarter. The Milwaukee-based firm had revenues of $3.8 million, up 8% compared with the $3.3 million posted in the second quarter of 2000. For the period (end-June 30), Merge had a net income of $233,000, compared with a net loss of $879,000 last year.
Among quarterly highlights, Merge began clinical trials of its MergeView image distribution software application. Looking ahead, Merge remains on track to book 2001 revenues of between $15 million to $15.5 million, according to president and CEO Richard Linden. The company also expects to increase profitability in the second half of the year, he said.
By AuntMinnie.com staff writersJuly 31, 2001
Related Reading
Merge grows Methodist Healthcare partnership, July 12, 2001
Merge expands relationship with Siemens, June 20, 2001
Merge releases Java DICOM toolkit, May 8, 2001
Merge trims net loss in Q1, April 26, 2001
Merge, Fuji strengthen ties, April 17, 2001
Copyright © 2001 AuntMinnie.com
