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Merge Ekes Out a 2Q Profit
HealthDataManagement, 08/13/09
Medical imaging software vendor Merge Healthcare made money in the second quarter of 2009 after a huge loss during the same period a year ago. The Milwaukee–based company had net income for the quarter ended June 30. Totaling $400,000 following a $3.6 million write down in the value of an equity investment. Merge lost $18.2 million during the same period last year because of multiple large charges. Second quarter 2009 revenue rose more than 15% to $15.4 million.
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