IDC ramps up sales, losses in Q2

AuntMinnie.com staff writers

Aug 8, 2006

Canadian digital radiography firm Imaging Dynamics reported strong fiscal 2006 second-quarter revenues of $7.9 million (U.S.), up 20% compared with the $6.6 million booked in the second quarter of 2005.

The Calgary-based developer said that for the period (end-June 30) it posted a net loss of $1.1 million, a sharp slide compared with net income of $893,000 in the same period last year.

The firm attributed the downturn to increased expenses for sales and marketing, administrative costs, and research and development in the quarter.

By AuntMinnie.com staff writers
August 9, 2006

Related Reading

IDC names officers, June 16, 2006

IDC adds Chinese distributor, June 5, 2006

IDC reports record revenues, May 12, 2006

IDC notches DR sale in India, March 10, 2006

IDC to enter digital mammo market, February 2, 2006

Copyright © 2006 AuntMinnie.com

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