Enterprise imaging and digital pathology vendor Sectra reported revenue growth for its third quarter of 2023.
For the period (end-January 31), the company posted net sales of 580.3 million Swedish krona ($54 million U.S.), up 21.9% compared with the same period last year. The company's recurring revenue for its third quarter accounted for 356.4 million Swedish krona ($33 million) of net sales, up 29.5% compared with the previous year.
Operating profile increased by 27.2% compared with the same period last year, to 87 million Swedish krona ($8 million), the company said.