Optos reports 16% rise in 2008 revenue

Source: Healthcare Digital

Date :04/12/2008 08:54:16

Optos plc, a maker of medical imaging technology, posted a 16 percent rise in revenue for the year to end September, and said it was confident about its prospects.

The Dunfermline, Scotland-based group reported, December 4, sales of $100.8 million and pretax profit of $5.9 million, up from $1.6 million a year ago.

Commenting on the results, Chief Executive Roy Davis said: “Despite challenging economic times, we can look ahead with a good degree of confidence knowing that 91 percent of revenue generated last year was on a recurring pay-per-patient basis and the customer contract renewal rate remained strong at 89 percent.”