EOS posts revenue gains in its Q3, 1st 9 months

By AuntMinnie.com staff writers

October 19, 2020 -- Orthopedic imaging technology developer EOS Imaging announced steady gains in revenue for the third quarter and a large jump in revenue for the first nine months of 2020.

For the third quarter (end-September 30), EOS posted unaudited revenue of 6.4 million euros ($7.5 million U.S.), up 3.3% compared with revenue of 6.3 million euros ($7.4 million) in the same period the year before, excluding the impact of currency changes.

For the first nine months, EOS posted unaudited revenue of 16.2 million euros ($19.1 million), up 32% from 2019 when its net revenue was 12.3 million euros ($14.5 million).

The gains are due to an increased number of installations following the lockdown period in Europe, EOS said.

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