iCAD hits profitability in Q2

AuntMinnie.com staff writers

Jul 28, 2004

Computer-aided detection developer iCAD reported second-quarter sales of $5.6 million, up 330.8% compared with the $1.3 million reported in the second quarter a year ago.

For the quarter (end-June 30), the Nashua, NH-based vendor had net income of $46,000, compared with a net loss of $1.3 million last year.

The company attributed the sales increase primarily to its acquisition last year of CADx Systems.

By AuntMinnie.com staff writers
July 29, 2004

Related Reading

iCAD, TeraRecon join forces, July 12, 2004

iCAD, Siemens sign distribution deal, July 8, 2004

iCAD, Confirma form mammo/MR alliance, June 3, 2004

iCAD gets FDA nod for Second Look 200, June 3, 2004

iCAD sales up in 2003, but firm remains in red, March 16, 2004

Copyright © 2004 AuntMinnie.com

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(A) Free-response receiver operating characteristic (FROC) curve for DBT-DINO and DINOv2 (Meta AI) on the detection task. DINOv2 achieved higher sensitivity than DBT-DINO across most false-positive thresholds. (B) Detection rates of DBT-DINO and DINOv2 for lesions that were ultimately found to be benign (n = 70) and lesions that were found to be cancerous (n = 66). Error bars represent 95% CIs estimated via patient-level bootstrapping with 1000 repetitions. Both models showed similar detection rates for cancerous lesions, whereas DINOv2 detected more benign lesions than DBT-DINO. (C) Example bounding box predictions for DBT-DINO and DINOv2 on the detection test set. Each image is a single two-dimensional section from a three-dimensional digital breast tomosynthesis volume; the first column shows a mediolateral oblique view, and the second and third columns show craniocaudal views. Both models struggled to detect very small lesions, such as the 3-mm-diameter lesion shown in the first column. FP = false positive.

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