EOS Imaging reports revenues up for Q2 2020

AuntMinnie.com staff writers

Jul 21, 2020

2020 02 06 18 18 1550 Business Financial Results 400

Orthopedic imaging technology developer EOS Imaging reported a strong increase in revenues for the second quarter of 2020.

Revenues rose about 115% to 7.3 million euros ($8.5 million U.S.) in the second quarter (end-June 30), compared with 3.4 million euros ($3.9 million) during the same period of 2019. The company said that the resumption of installation activity in the back half of the second quarter -- along with regular maintenance revenues -- led to the increase.

EOS booked four equipment orders in the second quarter of 2020, compared with 15 orders in Q2 2019. This is a direct result of the COVID-19 pandemic, according to the company. The company did not report net income numbers.

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