Merge grows sales, profit in 2004

Merge eFilm has reported strong growth in sales and profit for its fourth quarter and 2004 fiscal year, according to the Milwaukee company.

For the year (end-December 31), Merge posted sales of $37 million, up 29% compared with sales of $28.7 million in 2003. The company posted net income for the year of $7.5 million, compared with net income of $6.2 million in 2003.

For the fourth quarter of 2004, Merge had sales of $10.2 million, representing growth of 19% compared with sales of $8.5 million in the same period of 2003. The company's net income for the most recent quarter was $2.4 million, compared with net income of $1.9 million in the fourth quarter of 2003.

By AuntMinnie.com staff writers
February 16, 2005

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