Welcome!

News Feed Item

EOS imaging Reports Sharp 45% Increase in Revenues in the First Half of 2014

EOS imaging (Euronext, FR0011191766 – EOSI – Eligible for PEA: French SME Share Savings Schemes) (Paris:EOSI), the pioneer in 2D/3D medical orthopedic imaging, today announced its consolidated half-year revenues for the period ended June 30, 2014.

€m June 30, 2014   June 30, 2013   % Change
Sales of equipment 5.86   4.31 36%
as a % of total revenues 82%   88% -
Sales of services 0.93 0.60 55%
as a % of total revenues 13%   12% -
Sales of consumables and related services 0.32 - n/a
as a % of total revenues 5%   -  
Total revenues 7.12   4.91 45%
Figures subject to limited review
  • Sharp increase in sales in the first half of 2014: up 45% to €7.12 million

The Company sold 15 EOS® systems during the first half, compared to 11 during the same period last year. With a stable average selling price of €391,000, revenues from sales of equipment totaled €5.86 million, an increase of 36%.

Sales of services, which were driven by the increase in installed equipment under contracts, rose by 55% to €0.93 million compared with €0.60 million last year.

Sales of consumables and related services by the Company’s OneFit Medical subsidiary amounted to €0.32 million in the first half of 2014.

  • The strong growth in international sales was driven by momentum in Europe and Asia in the first half of 2014
€m June 30, 2014   June 30, 2013   % Change
EMEA 3.22   2.28 41%
North America 1.18 2.63 -55%
Asia Pacific 2.72   - n/a
Total revenues 7.12   4.91 45%
Figures subject to limited review

EOS recorded excellent sales momentum in Asia during the first half of 2014, which included the sale of seven systems, generating revenues of €2.72 million.

The performance in Asia offset the impact of the downturn recorded in the North American market, where sales decreased by 55% to €1.18 million in the first half of 2014, compared with €2.63 million at the end of June 2013.

EOS continued to register robust growth in the EMEA Region (+41%), where it generated revenues of €3.22 million as compared to €2.28 million last year.

  • Acceleration in growth in the second quarter of 2014: up 65% to €4.96 million
€m   2014   2013
  Q1   Q2   Q1   Q2
Sales of equipment 1.56   4.30 1.60   2.71
as a % of total revenues   72%   87%   73%   90%
Sales of services 0.45 0.48 0.30 0.30
as a % of total revenues   21%   10%   27%   10%
Sales of consumables and related services 0.15 0.17 - -
as a % of total revenues   7%   3%   -   -
Total revenues   2.16   4.96   1.90   3.01

Figures subject to limited review

EOS imaging sold 11 EOS® systems in the second quarter of 2014 and generated revenues of €4.96 million, an increase of 65% as compared to the second quarter of 2013.

Marie Meynadier, CEO of EOS imaging, made the following comments: “Our positive half-year performance reflects the ongoing adoption of our technology in new markets. Our excellent momentum in the Asian and European markets enabled us to register strong growth during the half-year despite a challenging environment for capital equipment in the North American market. We are pursuing our marketing strategy in order to ensure the increased adoption of EOS in the three major markets where we currently operate.”

For more information, please visit www.eos-imaging.com.

About EOS imaging:

EOS imaging designs, develops, and markets EOS®, a revolutionary and patented medical imaging system, based on technology that enabled George Charpak to win the Nobel Prize for Physics. The Company is authorized to market the system in 31 countries, including the United States (FDA), Japan, Canada, Australia and the European Union (EU). Backed by an installed base of 90 sites and more than 400,000 imaging sessions, EOS® benefits from worldwide recognition within the global medical community. As of December 31, 2013 the Group posted 2013 consolidated revenue of €15.2 million and employed 101 people including an R&D team of 38 engineers. The Group is based in Paris and holds four subsidiaries in Besançon (France), Cambridge (Massachusetts), in Montreal (Canada) and Frankfurt (Germany), and offices in Singapore. For further information, please visit www.eos-imaging.com

EOS imaging is listed on Compartment C of Euronext Paris

ISIN: FR0011191766 – Ticker: EOSI

Next press release: 2014 first half results, on Sept. 1, 2014 (after market).

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus o...
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at Logz.io, will explore the value of Kibana 4 for log analysis and will give a real live, hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He will examine three use cases: IT operations, business intelligence, and security and compliance. This is a hands-on session that will require participants to bring their own laptops, and we will provide the rest.
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, will highlight the current challenges of these transformative technologies and share strategies for preparing your organization for these changes. This “view from the top” will outline the latest trends and developm...
"LinearHub provides smart video conferencing, which is the Roundee service, and we archive all the video conferences and we also provide the transcript," stated Sunghyuk Kim, CEO of LinearHub, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
SYS-CON Events announced today that Dataloop.IO, an innovator in cloud IT-monitoring whose products help organizations save time and money, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Dataloop.IO is an emerging software company on the cutting edge of major IT-infrastructure trends including cloud computing and microservices. The company, founded in the UK but now based in San Fran...