Merge sales slump, but firm posts Q1 profit

Merge Healthcare's sales declined in the first quarter of 2014 (end-March 31), but the developer of healthcare IT and advanced visualization software still posted a profit for the period.

Sales decreased to $50.9 million in the first quarter, down 20% from $63.6 million in the first quarter of 2013. Net income was $300,000, compared with a net loss of $6.5 million in the first quarter of 2013.

The company said that sales increased for its eClinical OS platform, and it remains confident in its outlook for the rest of this year.

Page 1 of 775
Next Page