EOS Imaging reports revenues up for Q2 2020

By AuntMinnie.com staff writers

July 22, 2020 -- Orthopedic imaging technology developer EOS Imaging reported a strong increase in revenues for the second quarter of 2020.

Revenues rose about 115% to 7.3 million euros ($8.5 million U.S.) in the second quarter (end-June 30), compared with 3.4 million euros ($3.9 million) during the same period of 2019. The company said that the resumption of installation activity in the back half of the second quarter -- along with regular maintenance revenues -- led to the increase.

EOS booked four equipment orders in the second quarter of 2020, compared with 15 orders in Q2 2019. This is a direct result of the COVID-19 pandemic, according to the company. The company did not report net income numbers.

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