EOS Imaging reports mixed full-year, Q1 results

By AuntMinnie.com staff writers

April 27, 2020 -- Orthopedic imaging technology developer EOS Imaging reported mixed results for its full-year 2019 (end-December 31) and its first quarter of 2020 (end-March 31).

Full-year 2019 revenue totaled 21.2 million euros ($22.9 million U.S.), down 40% from 2018's 35.4 million euros ($38.3 million). The firm sustained a net loss for the year of 18.4 million euros ($19.9 million), compared with 13 million euros ($14.1 million U.S.) in 2018.

In its first quarter of 2020, the company reported revenues of 3.8 million euros ($4.1 million), a 46% increase compared with 2019's first quarter revenues of 2.6 million euros ($2.8 million).

In other EOS Imaging news, the company announced on April 27 that Alphatec Holdings terminated the purchase offer it made in late February.


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