EOS Imaging reports mixed full-year, Q1 results

AuntMinnie.com staff writers

Apr 26, 2020

2019 10 29 17 54 0865 Eos 400

Orthopedic imaging technology developer EOS Imaging reported mixed results for its full-year 2019 (end-December 31) and its first quarter of 2020 (end-March 31).

Full-year 2019 revenue totaled 21.2 million euros ($22.9 million U.S.), down 40% from 2018's 35.4 million euros ($38.3 million). The firm sustained a net loss for the year of 18.4 million euros ($19.9 million), compared with 13 million euros ($14.1 million U.S.) in 2018.

In its first quarter of 2020, the company reported revenues of 3.8 million euros ($4.1 million), a 46% increase compared with 2019's first quarter revenues of 2.6 million euros ($2.8 million).

In other EOS Imaging news, the company announced on April 27 that Alphatec Holdings terminated the purchase offer it made in late February.

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(a) Raw example of a dynamic digital radiograph. (b) Contrast equalization using contrast-limited adaptive equalization shows improved anatomical visualization. (c) Training data is generated through manually labeling using SLEAP’s graphical user interface. (d-e) Neural network detection schematic. For each quadrant a series of two networks were used. The first identifies the quadrant center, the second using input of the first, then identifies individual anatomical landmarks within a quadrant. (d) Four neural networks were trained, each with the objective of identifying a chest quadrant centroid. The four separate quadrants are visualized as colored boxes (right upper quadrant, green; right lower quadrant, blue; left upper quadrant, red; left lower quadrant, yellow). (e) Serial centroid then anatomical identification. Two quadrant examples showing confidence maps of trained neural networks identifying quadrant centroids (left) and then anatomical confidence maps (right). Image and caption courtesy of Chest Pulmonary.

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