Business is booming for the maker of specialty digital mammography and x-ray imaging systems. In its second quarter, end July 1, the company reported revenue up $900,000 to $12.8 million compared with $11.9 million for the same quarter last year. Net
Business is booming for the maker of specialty digital mammography and x-ray imaging systems. In its second quarter, end July 1, the company reported revenue up $900,000 to $12.8 million compared with $11.9 million for the same quarter last year. Net income for the quarter was $751,000, or 9¢ per share, compared with $465,000, or 7¢ per share, for the same period last year. For the six months ended July 1, net income increased by 18% to $958,000, compared with a net income of $815,000 for the same period last year, reflecting a third-quarter 2000 one million share equity placement. CFO Rodney B. Johnson credited a streamlining of production processes and reorganization of the sales force for the improved bottom line.
Study: Mammography AI Leads to 29 Percent Increase in Breast Cancer Detection
February 5th 2025Use of the mammography AI software had a nearly equivalent false positive rate as unassisted radiologist interpretation and resulted in a 44 percent reduction in screen reading workload, according to findings from a randomized controlled trial involving over 105,000 women.