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VirtualScopics, Inc. Reports Second Quarter and Six Months 2014 Financial Results; Awards Outstanding and Bookings Reflect a Two-Fold Increase Over 2013 First Six Months
Date:8/14/2014

at the SEC's website at www.sec.gov.  These include without limitation:  the risk of cancellation or delay of customer contracts or specifically as it relates to contract awards, the risk that they may not get signed.  Other risks include the company's dependence on its largest customers and risk of contract performance, protection of our intellectual property and the risks of infringement of the intellectual property rights of others.  All forward-looking statements speak only as of the date of this press release and the company undertakes no obligation to update such forward-looking statements.

For More Information, Contact: 
Donna N. Stein, APR, Fellow PRSA
Managing Partner,
Donna Stein & Partners
315-361-4672
Email:  dstein1@twcny.rr.com

 

Financial Tables to Follow VirtualScopics, Inc. and SubsidiaryCondensed Consolidated Statements of Operations(unaudited)For the Three Months EndedFor the Six Months EndedJune 30,June 30,2014201320142013Revenues

$   2,542,048$   3,546,607$   4,789,001$   5,829,438Reimbursement revenues

106,699160,070212,731409,826Total revenues

2,648,7473,706,6775,001,7326,239,264Cost of services

1,601,679

SOURCE VirtualScopics, Inc.
Copyright©2014 PR Newswire.
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