EOS posts revenue decline in 2018

By AuntMinnie.com staff writers

January 8, 2019 -- Orthopedic imaging technology developer EOS Imaging reported a decrease in total revenue for the 2018 fiscal year (end-December 31) due in large part to delayed sales transactions in the fourth quarter.

For the year, EOS recorded total revenue of 35.3 million euros ($40.5 million), down 5% from 37.1 million euros ($42.6 million) in 2017. The company sold 64 EOS machines in 2018, compared with 77 in 2017.

A considerable number of sales decisions in Europe, the Middle East, and Africa were postponed until 2019, which decreased total sales despite growth in North America and Asia.

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