Intelligent Ultrasound posts 2020 half-year financials

By staff writers

August 6, 2020 -- Ultrasound artificial intelligence software and simulation developer Intelligent Ultrasound Group has posted mixed financial results for the 2020 half-year period.

The company reported revenues of 2.5 million pounds (2.8 million euros) -- down from 2019's 3.1 million pounds (3.4 million euros). But it also reduced its earnings before interest, taxes, depreciation, and amortization (EBITDA) loss from 1.3 million pounds (1.4 million euros) in the same period last year to 1.2 million pounds (1.3 million euros).

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