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EOS imaging Reports 2012 Revenue Grows 35% to €9.41 million

Mon, 01/21/2013 - 2:41pm
The Associated Press

PARIS--(BUSINESS WIRE)--Jan 21, 2013--EOS imaging (NYSE Euronext, FR0011191766 – EOSI), the pioneer in 2D/3D orthopedic medical imaging, announced today its consolidated revenue for the full year and last quarter of 2012.

2012: Steady revenue growth EOS imaging recorded annual revenue of €9.41 million for 2012. With 21 EOS® Systems sold during 2012, compared with 16 in 2011, equipment sales rose 36% to €8.52 million, and sales of services rose 30% to €0.88 million.

During 2012, the average selling price per EOS System was €406,000, compared to €392,000 in 2011.

Geographical sales split: Remarkable momentum in North America Sales momentum continued worldwide with foreign sales representing more than 80% of total revenue. North America sales increased strongly by 114% compared to 2011 and amounted to 46% of total revenue. Europe and Rest of the World contributions were 44% and 10% respectively. Europe sales totaled €4.13 million, a 5% increase resulting from a 3.6x increase in sales outside of France and partially offset by delays in French acquisition projects in 2012.

4th quarter 2012 sales: 11 EOS Systems EOS imaging’s revenue for the fourth quarter of 2012 totaled €4.6 million, an increase of 26% compared with Q4 2011.

2013 : Acceleration of growth Sales and marketing investments in 2012 are expected to accelerate the Company’s growth in 2013.

This article has been truncated. You can see the rest of this article by visiting http://www.businesswire.com/news/home/20130121005785/en.

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