EOS Imagine 2018 Q1 sales jump 34%: 5 takeaways

Written by Mackenzie Garrity | April 13, 2018 | Print  |

EOS Imagine released its 2018 first quarter and 2017 full-year financial results.

Here are five takeaways.

1. The company saw a 34 percent increase in sales during the first quarter of 2018 reaching $11.72 million.

2. Revenues for the full year of 2017 topped $45.77 million, an increase of 21 percent from 2016.

3. Equipment sales increased 38 percent during the first quarter of 2018.

4. North American sales grew at a historic rate of 54 percent to $4.69 million in the first quarter of 2018. Sales jumped 54 percent in the Asia-Pacific region.

5. At the end of 2017, EOS Imaging reported net cash totaling $8.51 million.

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