Median posts 52% revenue increase in fiscal year 2021

2021 01 26 19 34 6212 Businessman Plan Graph 400

Imaging software developer Median Technologies has reported a 52% increase in revenue for fiscal year 2021.

For the year (end-31 December), Median's revenues climbed 20.5 million euros compared with revenues of 13.5 million euros in 2020. As for its fourth quarter (end-31 December), Median's revenue increased 24% to 5.1 million euros. In the first quarter of 2020, revenues were 4.1 million euros.

The company attributed its revenue increase entirely to its iCRO business unit, which provides services for oncology clinical trials.

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