Image management firm Emageon is expecting 2006 revenues in the range of $122 million to $125 million, which would represent an increase of 64% to 72% over expected revenue in 2005.
This supersedes the guidance of 45% to 50% revenue growth given by the Birmingham, AL-based firm in connection with its acquisition of Camtronics Medical Systems in November.
Emageon noted that it expects revenue of $23 million to $25 million and a net loss of $3.5 million to $5 million for its fiscal 2005 fourth quarter. The developer also said it expects to record a net loss in the first quarter of 2006, but expects to return to profitability in the second quarter of 2006.
By AuntMinnie.com staff writers
December 14, 2005
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