Colorado MedTech shows profitable Q4

Imaging technology manufacturer Colorado MedTech reported fourth-quarter sales of $18.2 million, compared with the $20.2 million reported in the fourth quarter last year. For the period (end-June 30), the Boulder, CO-based vendor had net income of $104,000 compared with a net loss of $804,000 last year.

The vendor reported sales for the fiscal year at $70.7 million, versus $77.2 million stated for the prior year. Net loss for the year was $3.1 million, compared with a net loss of $2.7 million for fiscal 2001.

By AuntMinnie.com staff writers
August 20, 2002

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