Dr. David Gane reports
LED MEDICAL DIAGNOSTICS ANNOUNCES PRELIMINARY Q2 2016 FINANCIAL RESULTS
LED Medical Diagnostics Inc.'s preliminary revenue numbers for the quarter ending June 30, 2016, are $3.7-million (U.S.), representing an approximate 12-per-cent increase over the prior-year period of $3.3-million. The company's revenue for the six-month period ended June 30, 2016, was $5.8-million, representing a year-over-year increase as compared with the $5.7-million result from the first half of 2015. These revenue results are preliminary only and subject to finalization by the company.
"Our experienced team continues to execute at a high level, delivering solid growth in the second quarter after a softer beginning to 2016 in the first quarter," stated Dr. David Gane, chief executive officer of LED Medical. "We continue to experience expansion of our customer base as a result of our next-generation imaging solutions combined with white-glove customer service. More than ever, LED is establishing itself as a premium provider in this space and we anticipate carrying our sales momentum into the balance of 2016."
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