CompuMed revenues edge up, but loss widens

AuntMinnie.com staff writers
May 14, 2006

Medical informatics firm CompuMed reported fiscal second-quarter revenues of $545,000, up 2% compared with the $534,000 reported last year. For the period (end-March 31), the Los Angeles-based firm had a net loss of $101,000, compared with a net loss of $33,000 in the 2005 fiscal second quarter.

CompuMed said the primary reason for the higher loss was an increase in costs related to hiring staff for its sales and R&D departments. CEO Jerry McLaughlin said the company is encouraged with the growth in OsteoGram revenue during the first six months of 2006.

By AuntMinnie.com staff writers
May 15, 2006

Related Reading

CompuMed inks licensing deal with Kodak, April 19, 2006

CompuMed notches remote ECG screening deal, March 14, 2006

CompuMed revenues up in 2005, December 28, 2005

CompuMed, Fuji sign licensing agreement, November 28, 2005

Road to RSNA, CompuMed, November 17, 2005

Copyright © 2006 AuntMinnie.com

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