Canadian RIS/PACS developer Evolved Digital Systems reported that revenues dipped 7% in the third quarter (end-September 30).
The Laval, Quebec-based company's revenues declined to $3.8 million, compared with $4.1 million in the third quarter of 2004. Evolved posted a net loss of $1.5 million, compared with a net loss of $1.3 million in the same quarter a year ago.
Revenues for the nine months totaled $12.4 million, compared with $12.7 million in the first nine months of 2004. The net loss for the nine-month period improved to $3.3 million, compared with $8.9 million in the same period of 2004.
By AuntMinnie.com staff writers
November 10, 2005
Related Reading
PACS firm Evolved releases Q2 results, August 11, 2005
Evolved slashes loss, increases sales in Q1, May 16, 2005
Evolved names Hoyt as CEO, May 13, 2005
Evolved closes financing round, February 22, 2005
Evolved to raise $6.6 million, February 10, 2005
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