Amicas continues to cut losses in Q3

Radiology image and information systems company Amicas of Boston reported a growth in sales and a decrease in losses in unaudited results for its fiscal 2005 third quarter (end-September 30).

Total revenues for the period were $13.6 million, up 27% from the $10.8 million in sales posted for the same period last year, Amicas said. Operating loss for the third quarter was $1.7 million, down significantly from the $3.5 million loss reported in the third quarter of 2004.

The firm's net loss for the period was $600,000, a sharp improvement when compared with its net loss from continuing operations of $3.9 million for the same period a year ago.

By AuntMinnie.com staff writers
October 28, 2005

Related Reading

Amicas gets South Shore upgrade, October 20, 2005

Amicas signs Mount Nittany, October 13, 2005

Amicas names Lefeber to VP slot, October 5, 2005

Amicas promotes Gutwillig, September 22, 2005

Amicas signs deal with QA firm, July 29, 2005

Copyright © 2005 AuntMinnie.com

Page 1 of 775
Next Page