Impedance cardiography (ICG) developer CardioDynamics of San Diego enjoyed healthy revenue growth in the first quarter of 2008.
For the quarter (end-February 29), net sales increased 22%, from $4.7 million in 2007 to $5.8 million. The company attributed the boost to increased international sales and the average unit sales price of BioZ monitors.
The net loss shrank by 38%, from $1.4 million in first quarter of 2007 to $852,000, according to the company.
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