Navigation Links
VirtualScopics Reports Second Quarter 2008 Results
Date:8/12/2008

2008 First Half Revenues Increased 20% over 2007

ROCHESTER, N.Y., Aug. 12 /PRNewswire-FirstCall/ -- VirtualScopics, Inc. (Nasdaq: VSCP), a leading provider of quantitative imaging for clinical trials, announced today that revenues for the first half of 2008 rose to nearly $3.4 million, a 20% increase over prior year's comparable period. Revenues for the second quarter ended June 30, 2008 were over $1.7 million compared to $1.5 million in the second quarter of 2007. The gross margin for the second quarter of 2008 was 41% compared to 37% in the second quarter of 2007, leading to a 25% improvement in gross profit. Operating loss for the quarter ended June 30, 2008 was $866,727 compared to $1,065,066 for the prior year's comparable period.

"We are very pleased by the growth in revenue and gross margin through the first half of 2008 which we believe further validates our operating model," stated Jeff Markin, president and chief executive officer of VirtualScopics. "These improvements in quarterly performance coupled with the greater than $20,000,000 in project backlog gives us confidence in the strength and demand of our business and the services we offer in the marketplace." He added, "We fully anticipate this momentum to continue as we execute on our operating and financial plans for 2008."

Jeff Markin and Chief Business and Financial Officer, Molly Henderson will provide a business update and discuss these results during the conference call on Wednesday, August 13, 2008 at 11:00 a.m. EDT. Interested participants should call 877-407-0778 when calling within the United States or 201-689-8565 when calling internationally. There will be a playback available until September 13, 2008. To listen to the playback, plea
'/>"/>

SOURCE VirtualScopics, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine news :

1. VirtualScopics Announces $4.35 Million Private Placement
2. VirtualScopics Backlog Exceeds a Record $20 Million
3. VirtualScopics Receives NASDAQ Delisting Notice; Company Files Appeal to Stay Delisting
4. New Study Reports High Injury Rates for Hotel Workers, Even Higher Rates for Women and Nonwhites
5. Haemacure Reports Third Quarter 2007 Results
6. First-Ever List of the 5,000 Fastest-Growing Businesses Reports Total Revenue of $194.5 Billion
7. Consumer Reports Analysis: Drugs for Nerve Pain, Fibromyalgia Effective, But Not Always Best
8. MDS Reports Third Quarter 2007 Results
9. Allied Healthcare Reports Strong Fourth Quarter, Flat Net Income for Fiscal 2007 vs. 2006
10. AtriCure Reports First Human Implant of the Cosgrove-Gillinov Left Atrial Appendage Occlusion System
11. NMHC Reports Fourth Quarter and Fiscal Year 2007 Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... U.S. Pharmacopeial Convention is pleased to announce that Gigi ... North Carolina State’s College of Veterinary Medicine has been ... Distinguished Volunteer Service—the organization’s highest award. , Since ... experts to direct its work to improve the health ...
(Date:1/22/2015)... 2015 Gabe’s Chemo Duck Program is pleased to ... app ever created for kids with cancer. The Chemo Duck App, ... is filled with enjoyable games to help children of all ages ... app helps to keep kids entertained, educated and at ease while ...
(Date:1/22/2015)... Minn. (PRWEB) January 22, 2015 Blue Cross ... those Minnesotans who exemplify what it means to “Live Fearless.” ... chance for people to share their stories about how they ... or simply inspired others by living in the moment. By ...
(Date:1/22/2015)... New York, New York (PRWEB) January 22, 2015 ... filed after Fresenius Medical Care recalled its GranuFlo ... the federal multidistrict litigation underway in U.S. District Court, ... an Order dated January 20th, the Court has remanded ...
(Date:1/22/2015)... 2015 A study recently published ... journal Medicine & Science in Sports & Exercise ... help reduce gastrointestinal (GI) problems associated with physical ... in the double-blind, placebo-controlled study took 10 grams ...
Breaking Medicine News(10 mins):Health News:Gigi Davidson, Pioneer in Veterinary Pharmacy and Leader in Pharmacy Compounding, honored with USP’s Beal Award for Dedication to Public Health 2Health News:Gigi Davidson, Pioneer in Veterinary Pharmacy and Leader in Pharmacy Compounding, honored with USP’s Beal Award for Dedication to Public Health 3Health News:Gigi Davidson, Pioneer in Veterinary Pharmacy and Leader in Pharmacy Compounding, honored with USP’s Beal Award for Dedication to Public Health 4Health News:Chemo Duck Launches First App Ever Created for Kids with Cancer 2Health News:Chemo Duck Launches First App Ever Created for Kids with Cancer 3Health News:Blue Cross and Blue Shield of Minnesota to Showcase “Faces of Fearless” 2Health News:Court Overseeing Federal GranuFlo Lawsuits Remands Louisiana Claim Back to State Court, Bernstein Liebhard LLP Reports 2Health News:Court Overseeing Federal GranuFlo Lawsuits Remands Louisiana Claim Back to State Court, Bernstein Liebhard LLP Reports 3Health News:Court Overseeing Federal GranuFlo Lawsuits Remands Louisiana Claim Back to State Court, Bernstein Liebhard LLP Reports 4Health News:Study Shows Kyowa Hakko’s L-Citrulline May Help Reduce Gastrointestinal Injury During Strenuous Exercise 2Health News:Study Shows Kyowa Hakko’s L-Citrulline May Help Reduce Gastrointestinal Injury During Strenuous Exercise 3
... national infection control program for healthcare facilities found ... (HAIs) since 2004. The drop in HAIs, including ... to important changes in the national infection control ... centers have been reorganized to help facilities throughout ...
... care system, constituents from all 50 states sent more than one million individual emails to their Congressional members at the urging of the National Center for Policy ... ... ... ...
... 17 According to Philadelphia Health Commissioner Donald ... or obese, and soft-drink consumption is rising while milk consumption ... not only to nutrient-poor soft drinks and iced teas but ... of 10 pre-teen and teen boys and nine out of ...
... & Everything to Make it Worse , ... , , ... ... BOISE, Idaho , March 17 The health care crisis hundreds of thousands of ...
... What Backroom Deal Did Speaker Pelosi and President Obama Offer? , ... , , ... ... WASHINGTON , Feb. 17 ...
... tools are reliable , WEDNESDAY, March 17 (HealthDay News) ... health-care costs, a new study suggests. , Insurance plans ... patients to receive care from doctors who keep medical ... may not be based on reliable estimates of doctor ...
Cached Medicine News:Health News:France's national program to reduce HAIs reports important successes; uses mandatory reporting 2Health News:France's national program to reduce HAIs reports important successes; uses mandatory reporting 3Health News:National Center for Policy Analysis and Salem Radio Network Deliver One Million Emails to Congress to Stop ObamaCare 2Health News:National Center for Policy Analysis and Salem Radio Network Deliver One Million Emails to Congress to Stop ObamaCare 3Health News:National Center for Policy Analysis and Salem Radio Network Deliver One Million Emails to Congress to Stop ObamaCare 4Health News:National Center for Policy Analysis and Salem Radio Network Deliver One Million Emails to Congress to Stop ObamaCare 5Health News:Science Says Flavored Milk is Good for Kids, Unlike Soda 2Health News:Science Says Flavored Milk is Good for Kids, Unlike Soda 3Health News:Science Says Flavored Milk is Good for Kids, Unlike Soda 4Health News:Science Says Flavored Milk is Good for Kids, Unlike Soda 5Health News:Gov. Signs Law Putting Politics Before Patients 2Health News:Gov. Signs Law Putting Politics Before Patients 3Health News:FRCA Asks: 'What did Representatives Perriello, Kildee and Oberstar Receive in Exchange for Betraying the Pro-Life Cause?' 2Health News:FRCA Asks: 'What did Representatives Perriello, Kildee and Oberstar Receive in Exchange for Betraying the Pro-Life Cause?' 3Health News:Ranking Doctors by Cost-Profile May Not Help Save Money 2
(Date:1/23/2015)... , Jan. 23, 2015  HyGreen, Inc., a leader ... and partnership with RCA Medical, a subsidiary of Ascendis ... . Each year, hundreds of millions of ... infections as organisms are transmitted from patient to patient ...
(Date:1/23/2015)... 23, 2015  Lixte Biotechnology Holdings, Inc. (OTCQB: LIXT), announced that ... of Lixte,s lead compound, LB‑100, is being conducted, has been ... S. Kovach , M.D., the founder and President of Lixte, ... at a single site. Accrual of patients, however, was slower ...
(Date:1/23/2015)... JUNCTION, N.J. , Jan. 23, 2015  CytoSorbents ... company commercializing its CytoSorb® extracorporeal cytokine adsorber to ... patients, announced the receipt of $385,642, net of ... participant of the Technology Business Tax Certificate Transfer ...
Breaking Medicine Technology:HyGreen Partners with RCA Medical in Johannesburg, South Africa 2Lixte Biotechnology Holdings Announces Expansion Of Clinical Sites For Its Phase I Trial Of Its Lead Anti-Cancer Compound, LB-100 2Lixte Biotechnology Holdings Announces Expansion Of Clinical Sites For Its Phase I Trial Of Its Lead Anti-Cancer Compound, LB-100 3CytoSorbents Receives $385,000 in Non-Dilutive Funding from the New Jersey Technology Business Tax Certificate Transfer Program 2CytoSorbents Receives $385,000 in Non-Dilutive Funding from the New Jersey Technology Business Tax Certificate Transfer Program 3
... China, May 17, 2012 /PRNewswire-Asia/ -- China Botanic ... ("China Botanic" or the "Company"), a developer, manufacturer ... Chinese Medicines ("TCM") in China, today announced that ... products at the 67th PHARMCHINA fair ("the Fair") ...
... PCYC ) today announced that clinical abstracts on ... for oral presentations at the 48th Annual Meeting of the ... Chicago, IL. The update on data presented ... efficacy data from the phase II CLL single agent trial ...
Cached Medicine Technology:China Botanic Attends 67th PHARMCHINA Fair 2China Botanic Attends 67th PHARMCHINA Fair 3Pharmacyclics Announces Oral Presentations and Clinical Update of Ibrutinib (PCI-32765) at the 2012 Annual Meeting of the American Society of Clinical Oncology 2
... 20-year history, the VOYAGER RX Dilatation Catheter ... outcomes. It combines a new low profile, ... shaft,more flexible markers, and short taper balloon ... tortuous anatomy with even greater confidence, opening ...
... Guidants 20-year history, the VOYAGER RX Dilatation ... treatment outcomes. It combines a new low ... profile shaft,more flexible markers, and short taper ... and tortuous anatomy with even greater confidence, ...
... Coat-A-Count AFP IRMA,is an ... measurement of,alpha-fetoprotein (AFP) in serum. ... vitro use in either of,two ... aid in the,management of patients ...
Enzyme immunoassay for the quantitative determination of ovarian cancer antigen CA125 in human serum...
Medicine Products: