Cedara revenues surge

February 25, 2004

A 47% jump in 2Q 2004 sales boosted revenues at Cedara Software to $12.1 million from $8.2 million in the same quarter of the previous year, driving net income for the quarter to $3.9 million compared with a net loss of $3.9 million in the previous

A 47% jump in 2Q 2004 sales boosted revenues at Cedara Software to $12.1 million from $8.2 million in the same quarter of the previous year, driving net income for the quarter to $3.9 million compared with a net loss of $3.9 million in the previous year's second quarter. For the six months ended Dec. 31, 2003, revenues were up 53% to $22.3 million from $14.6 million in the previous year. Net income for the six months was $5.6 million, compared with a net loss of $8 million in the previous year.