ContextVision grows in Q1

Continued sales development and new mammography contracts propelled image enhancement developer ContextVision to sales growth in the first quarter of 2013 (end-March 29).

First-quarter sales increased 4% to 15.9 million kronor ($2.4 million U.S.), compared with 15.2 million kronor ($2.3 million U.S.) in the first quarter of 2012.

The company also posted an operating profit of 1.2 million kronor ($180,000 U.S.), compared with 500,000 kronor ($70,000 U.S.) in the same quarter a year ago.

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