Women's Health Weekly
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Business & Finance
Imaging company reports 2004 financial results; obtains additional funding
May 5th, 2005
Fischer Imaging Corp. (FIMG) reported revenue of $64 million for the year ended December 31, 2004, a 38.7% increase over revenue of $46.2 million for the full-year 2003. On an operating basis, the company's loss narrowed year-over-year to $12 million from $15.4 million as a result of improved product revenue and gross margin. Separately, the company said it had received $2 million in additional funding under a previously announced note purchase agreement with ComVest Investment Partners. Net loss for 2004 was $6.9 million compared with a net loss of $14.4 million in 2003. Net loss per fully diluted share for the year 2004 was $0.74 compared with a...
Source: Women's Health Weekly (2005-05-05)
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