Merge turns in record Q3

RIS and PACS developer Merge eFilm reported record third-quarter net sales of $9.3 million, up 22% compared to the $7.6 million reported in the third quarter of 2003. For the period (end-September 30), the Milwaukee-based firm had record net income of $2.2 million, compared to net income of $1.6 million a year ago.

Quarterly highlights included 19 new contracts for its Fusion RIS/PACS offering. Looking ahead, Merge has refined its full-year 2004 guidance with revenues ranging from $37.5 million to $38.5 million and an increase in fully diluted earnings per share to a range of 50¢ to 53¢ per share.

By AutnMinnie.com staff writers
October 27, 2004

Related Reading

InSight Health expands Merge contract, October 21, 2004

Merge sets stock repurchase plan, August 24, 2004

Merge revenue climbs in Q2, July 28, 2004

SourceOne to sell Merge eFilm RIS/PACS, July 27, 2004

Merge eFilm releases new Fusion RIS, June 29, 2004

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