Image Technology Laboratories
Medical imaging company improves cash position and liquidity
Published in Medical Imaging Business Week, September 22nd, 2005
IMTL achieved record revenue for the 2005 second quarter of $266,185, an increase of 10% over the same period in 2004 and 171% greater than that of the 2005 first quarter. The company's 2005 second quarter revenue figure was the highest total revenue of any second quarter since the incorporation of the company.
IMTL approached break-even for the 2005 second quarter, incurring a net loss of only $37,642, an improvement of $153,587, or 80% from the comparable period in 2004. The...
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