IDC reports record revenues

AuntMinnie.com staff writers

May 11, 2006

Canadian digital radiography firm Imaging Dynamics reported record first-quarter revenues of $9.2 million (U.S.), up 102% compared with the $4.6 million booked in the first quarter of 2005.

For the period (end-March 31), the Calgary-based vendor had a net loss of $147,000, compared with net income of $386,000 last year.

IDC expects growth to remain robust as new markets and partnerships with OEMs and distributors gain further traction, according to the firm. The company also expects that anticipated sales from its pending Xaminer product line will further drive revenues in 2006, beginning in the second quarter of 2006.

By AuntMinnie.com staff writers
May 12, 2006

Related Reading

IDC notches DR sale in India, March 10, 2006

IDC to enter digital mammo market, February 2, 2006

IDC adds executives, January 19, 2006

IDC raises additional cash, January 16, 2006

IDC seeks to raise $10 million, January 12, 2006

Copyright © 2006 AuntMinnie.com

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