ContextVision increases earnings in Q3

In a quarter highlighted by strengthened sales efforts in Russia and new product developments, image enhancement developer ContextVision boosted its earnings in its third quarter.

ContextVision had third-quarter sales of 15.9 million kronor (1.81 million euros), up 4% from the 15.3 million Swedish kronor (1.74 million euros) reported in the third quarter last year.

The firm's operating profit reached 3.2 million kronor (360,000 euros) however, more than double the 1.5 million kronor (170,000 euros) reported a year ago.

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