Electrophysiology device developer EP MedSystems of West Berlin, NJ, reported financial results for its fourth quarter and 2004 fiscal year (end-December 31).
Revenues for the fourth quarter were $5.2 million, representing a 63% increase over fourth-quarter 2003 revenues of $3.2 million, the company said. Net losses for the period were posted at $486,000, an improvement from a net loss of $1.1 million for the same period the prior fiscal year.
Revenues for the fiscal year were $16.4 million, a 64% increase from the $10 million posted by the firm for 2003. The firm trimmed its net loss in 2004 to $4.4 million, compared with a net loss of $6.9 million for fiscal 2003.
By AuntMinnie.com staff writers
March 11, 2005
Related Reading
EP MedSystems nets $4.5 million, December 16, 2004
EP MedSystems posts robust Q3, October 27, 2004
EP MedSystems gets CE Mark, July 27, 2004
EP MedSystems hikes revenue, trims losses in Q1, May 7, 2004
EP MedSystems gets FDA clearance, April 19, 2004
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![Representative example of a 16-year-old male patient with underlying X-linked adrenoleukodystrophy. (A, B) Paired anteroposterior (AP) chest radiograph and dual-energy x-ray absorptiometry (DXA) report shows lumbar spine (L1 through L4) areal bone mineral density (BMD). The DXA report was reformatted for anonymization and improved readability. The patient had low BMD (Z score ≤ −2.0). (C) Model (chest radiography [CXR]–BMD) output shows the predicted raw BMD and Z score in comparison with the DXA reference standard, together with interpretability analyses using Shapley additive explanations (SHAP) and gradient-weighted class activation maps. The patient was classified as having low BMD, consistent with the reference standard. AM = age-matched, DEXA = dual-energy x-ray absorptiometry, RM2 = room 2, SNUH = Seoul National University Hospital, YA = young adult.](https://img.auntminnie.com/mindful/smg/workspaces/default/uploads/2026/04/ai-children-bone-density.0snnf2EJjr.jpg?auto=format%2Ccompress&dpr=2&fit=crop&h=167&q=70&w=250)
