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.