EOS reports 40% revenue growth in Q3

By AuntMinnieEurope.com staff writers

October 27, 2016 -- Orthopedic digital imaging developer EOS Imaging has reported a 40% increase in revenue for the third quarter of 2016 (end-September 30).

For the quarter, the company saw revenue increase to 6.6 million euros ($7.2 million U.S.), up 40% from 4.7 million euros ($5.1 million U.S.) during the same period in 2015. Nine-month revenues were 20.8 million euros ($22.7 million U.S.), up 39% from 14.9 million euros ($16.2 million U.S.) for the same period last year.

Part of the revenue increases came from sales momentum in North America, which represented 56% of total revenues for the nine-month period. Sales in Europe, the Middle East, and Africa increased 19%, while Asia-Pacific sales increased 31%, EOS Imaging said.

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