Medipattern releases fiscal 2008 results

AuntMinnie.com staff writers

Oct 29, 2008

Computer-aided detection (CAD) firm Medipattern of Toronto posted increased revenues for fiscal 2008.

Revenues totaled $801,000 Canadian ($659,000 U.S.) for the year, up 49% compared to $407,000 Canadian ($335,000 U.S.) in fiscal 2007.

The firm's net loss for fiscal 2008 rose 36% to $3.5 million ($2.9 million U.S.) from $2.6 million ($2.1 million U.S.) in the previous year. The company attributed the higher loss to increased expenses, including sales, marketing, administrative, and product support costs, according to Medipattern.

Related Reading

Road to RSNA, CAD, Medipattern, October 30, 2008

Road to RSNA, Women's Imaging, Medipattern, October 28, 2008

Medipattern's revenues, loss grow in fiscal Q3, May 14, 2008

Medipattern lands breast surgery install, April 30, 2008

Medipattern to bring B-CAD to China, April 22, 2008

Copyright © 2008 AuntMinnie.com

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