01:00:09 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



LED Medical Diagnostics Inc
Symbol LMD
Shares Issued 112,669,063
Close 2016-07-15 C$ 0.12
Market Cap C$ 13,520,288
Recent Sedar Documents

LED Medical expects $3.7M (U.S.) in revenue in Q2

2016-07-18 10:00 ET - News Release

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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