IRadimed predicts boost in 2018 revenue

MRI accessories developer IRadimed announced that it expects a bump in revenue for the full year and first quarter of 2018.

For the full year, the company expects to report revenue of $29.3 million to $30.0 million, compared with the expected $23.1 million for 2017.

For the fourth quarter of 2017, the firm expects to report revenue of $6.7 million. For the first quarter of 2018, IRadimed expects to report revenue of $6.8 million to $6.9 million.

The firm plans to release its 2017 fourth-quarter results before the market opens on February 6, 2018.

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