EOS reports revenue increase in Q1, net loss drop in 2020

By AuntMinnieEurope.com staff writers

April 21, 2021 -- Orthopedic imaging technology developer EOS Imaging reported a 48% spike in total revenues for the first quarter of 2021, while the company's net loss fell in 2020.

For the first quarter of 2021 (end-31 March), the company reported total revenues of 5.6 million euros, compared with 3.8 million euros in the first quarter of 2020.

EOS sales were 23.8 million euros for the full year of 2020 (end-31 December), representing a 19% increase over sales of 20.1 million euros in 2019. EOS reported a net loss for the year of 11.2 million euros, compared with a net loss of 18.4 million euros in 2019.

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