Strong demand for its digital computer-aided detection (CAD) offerings helped drive iCAD to a 48.5% revenue gain in its third quarter, and a lower loss.
For the period (end-September 30), the Nashua, NH-based firm had revenue of $5 million, up from $3.4 million in the third quarter of 2005. iCAD had a net loss of $1.1 million, compared with a net loss of $2.6 million in the third quarter of last year.
By AuntMinnie.com staff writers
October 30, 2006
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