SonoSite revenues surge

Handheld-ultrasound provider SonoSite reported fourth-quarter revenues of $15.3 million, up 129% compared with the $6.7 million posted in the fourth quarter of 2000. For the period (end-December 31), the Bothell, WA-based vendor had a net loss of $2.4 million, compared with a net loss of $8.2 million last year.

For the year, SonoSite had sales of $45.7 million, up 43% compared with the $32 million booked in 2000. The company had a net loss of $16.4 million, compared with a net loss of $19 million in 2000.

In 2002, SonoSite will grow its core markets, introduce new products, and build sales and marketing momentum in key geographic markets, said president and CEO Kevin Goodwin.

In other news, SonoSite has opened a direct sales operation in Barcelona, Spain. The new office will be led by Pascual Garcia, who previously served as regional manager for Acuson in Spain.

By AuntMinnie.com staff writers
February 15, 2002

Related Reading

SonoSite rolls out SonoHeart Elite, February 5, 2002

SonoSite signs up with U.K.’s National Health Service, January 29, 2002

SonoSite signs with Broadlane, January 21, 2002

SonoSite gets regulatory clearance in Japan, January 16, 2002

SonoSite moves into Germany, January 7, 2002

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