Cedara records revenue gain and profit

Revenue in the fiscal first quarter of 2005 (end-September 30) at image management software developer Cedara Software increased 22% to $12.3 million, up from $10.1 million in the same period last year. Net income increased 89% to $3.2 million compared to net income of $1.7 million in the same quarter a year ago.

Financial results reflecting Mississauga, Ontario-based Cedara's acquisition of Burlington, MA-based eMed Technologies in October are not reflected in this quarter's results, and will be included in the quarter ended December 31, 2004.

By AuntMinnie.com staff writers
November 12, 2004

Related Reading

Cedara signs console deal with ONI, November 2, 2004

Cedara closes eMed deal, October 11, 2004

Fischer begins shipping Cedara workstations, September 30, 2004

Cedara to return to Nasdaq, September 9, 2004

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