Merge posts healthy Q1

AuntMinnie.com staff writers
Apr 29, 2009

Healthcare IT and advanced visualization developer Merge Healthcare posted revenue growth in its first quarter of 2009, marking three straight quarters of profitability, the company said.

For the quarter (end-March 31), the Milwaukee-based firm had revenue of $15.3 million, compared with $13.7 million in the first quarter of 2008 and $15.1 million in the fourth quarter of 2008. Merge had first-quarter net income of $2.8 million, compared with a net loss of $7.8 million in the first quarter of 2008 and net income of $1.9 million in the fourth quarter of 2008, according to Merge.

Related Reading

Merge completes purchase of Merge Cedara, April 16, 2009

Merge expands deal with Eklin, April 14, 2009

Merge inks deal with nSpire, April 7, 2009

Merge debuts image management software, March 26, 2009

Merge upgrades Cedara I-ReadMammo, March 6, 2009

Copyright © 2009 AuntMinnie.com

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