Merge posts positive Q2
Health IT developer Merge Healthcare has shown an uptick in revenue and a sharp turnaround in net income for the Milwaukee-based firm’s fiscal 2009 second quarter, which ended June 30.
For the period, the company reported net sales of $15.4 million, which represented solid growth over the $13.3 million in sales recorded for the same period last year.
Merge posted a net income of $400,000 for the quarter, a significant achievement compared with the $18.3 million net loss booked in the second quarter of fiscal 2008.
For the period, the company reported net sales of $15.4 million, which represented solid growth over the $13.3 million in sales recorded for the same period last year.
Merge posted a net income of $400,000 for the quarter, a significant achievement compared with the $18.3 million net loss booked in the second quarter of fiscal 2008.