Merge Healthcare takes Q3 tumble

AuntMinnie.com staff writers
Nov 9, 2006

Merge Healthcare of Milwaukee posted sharply lower revenues and a net loss for its 2006 fiscal third quarter (end-September 30).

For the period, net sales were approximately $14 million, a steep decrease when compared with net sales of approximately $35 million for the third quarter of fiscal 2005.

The company's third-quarter 2006 net loss was $10.8 million, a precipitous decline compared with the net income of $9.6 million booked in the same period last year.

The firm said it will conduct a conference call on Friday, November 17, 2006, at 10:00 a.m. (EST) to review third-quarter results and provide an update of the company's business operations and strategies.

By AuntMinnie.com staff writers
November 10, 2006

Related Reading

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Road to RSNA, Cedara Software, November 8, 2006

Road to RSNA, Merge Healthcare, November 8, 200g

Road to RSNA, Merge Healthcare, November 7, 2006

Merge Healthcare to file Q3 report, November 2, 2006

Copyright © 2006 AuntMinnie.com

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