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