Cedara revenues fall in Q3

Canadian imaging vendor Cedara Software reported fiscal third-quarter revenues of $7.3 million (U.S.), down 17% compared with the $8.8 million recorded from continuing operations in the same period last year. For the quarter (end-March 31), the Mississauga, Ontario-based firm had a net profit of $1.4 million, including a gain of $1.7 million from discontinued operations.

In the third quarter last year, Cedara had a net loss of $3.9 million. Cedara is making progress toward building operating profit, rebuilding its balance sheet, and growing its business on a sound foundation, said chairman and CEO Michael Greenberg.

By AuntMinnie.com staff writers
May 16, 2002

Related Reading

Cedara lands funding from Toyo, May 15, 2002

Cedara stock listing changes locales, March 28, 2002

Cedara sells SNS assets, March 8, 2002

Cedara posts flat revenues in Q2, February 18, 2002

Cedara targeted for delisting, January 10, 2002

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