iCAD revenues climb

AuntMinnie.com staff writers
May 7, 2007

Strength in market demand for full-field digital mammography (FFDM) technology helped drive strong first-quarter revenue growth for computer-aided detection firm iCAD.

For the period (end-March 31), the Nashua, NH-based company reported revenue of $6.1 million, up 41% compared with the $4.4 million posted in the first quarter of 2006. iCAD had a net loss of $554,000, compared with a net loss of $1.6 million last year.

Sales from iCAD's digital products rose 76%, from $2 million to $3.5 million, while sales of film-based products rose 3%, from $1.76 million to $1.8 million.

By AuntMinnie.com staff writers
May 8, 2007

Related Reading

iCAD's SecondLook receives Japanese approval, April 24, 2007

Sectra to distribute iCAD, April 10, 2007

iCAD sales rise, losses fall in Q4, March 6, 2007

iCAD integrates NIH technology, March 5, 2007

iCAD names Veron to European post, February 28, 2007

Copyright © 2007 AuntMinnie.com

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