Medwave, Inc.
Blood pressure measuring solutions company announces annual revenue growth of 36%
Published in Cardiovascular Business Week, January 24th, 2006
The increase in operating revenue for fiscal year 2005 was due to an increase in orders from new and existing U.S. customers, revenue generated from distribution agreements and continued growth in the disposable sensor market.
The fourth quarter revenue for 2005 was approximately $429,000, an increase of $225,000 or 110% over fourth quarter 2004. The revenue related to new customers placing multiple unit orders and the initial shipment of...
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