Fischer reports 2004 financial results; receives $2 million in additional funding

TriMed Staff | | Health Imaging | Diagnostic Imaging
Fischer Imaging Corp. has reported a 38.7 percent jump in revenue in 2004 to $64 million for the year ending Dec. 31, up from $46.2 million the previous year. Operationally, the company's loss declined year over year to $12 million from $15.5 million because of improved product revenue and gross margin, Fischer said.
   
On a related note, the company claimed to have received $2 million in additional funding under a note purchase agreement with ComVest Investment Partners.
   
Additional details of the previously announced purchase agreement were not disclosed.

TriMed Staff

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