• AI
  • Molecular Imaging
  • CT
  • X-Ray
  • Ultrasound
  • MRI
  • Facility Management
  • Mammography

Asian crisis hits Acuson revenues

Article

The ongoing financial crisis in Asia and the strong U.S. dollar conspired to put the brakes on Acuson's second-quarter financial results. The Mountain View, CA, company last month reported slightly higher revenues for the period (end-July), while net

The ongoing financial crisis in Asia and the strong U.S. dollar conspired to put the brakes on Acuson's second-quarter financial results. The Mountain View, CA, company last month reported slightly higher revenues for the period (end-July), while net income declined.

For the quarter, Acuson turned in revenues of $113.3 million, up only marginally compared with sales of $112.7 million in the second quarter of 1997. The company's net income fell to $4.1 million, compared with a profit of $5.7 million in the same period last year.

Acuson's international revenues fell 16% during the period, due to the Asian crisis and the strong dollar, according to chairman and CEO Samuel Maslak. The company's outlook for the rest of the year is positive, however. The U.S. ultrasound market continues to show strength, and Europe is recovering, Maslak said.

Recent Videos
Pertinent Insights into the Imaging of Patients with Marfan Syndrome
What New Brain MRI Research Reveals About Cannabis Use and Working Memory Tasks
Current and Emerging Legislative Priorities for Radiology in 2025
How Will the New FDA Guidance Affect AI Software in Radiology?: An Interview with Nina Kottler, MD, Part 2
A Closer Look at the New Appropriate Use Criteria for Brain PET: An Interview with Phillip Kuo, MD, Part 2
How Will the New FDA Guidance Affect AI Software in Radiology?: An Interview with Nina Kottler, MD, Part 1
A Closer Look at the New Appropriate Use Criteria for Brain PET: An Interview with Phillip Kuo, MD, Part 1
Teleradiology and Breast Imaging: Keys to Facilitating Personalized Service, Efficiency and Equity
Current and Emerging Insights on AI in Breast Imaging: An Interview with Mark Traill, MD, Part 3
Current and Emerging Insights on AI in Breast Imaging: An Interview with Mark Traill, MD, Part 2
Related Content
© 2025 MJH Life Sciences

All rights reserved.