Financial news: ART see drop in revenue
ART Advanced Research Technologies of Montreal, Canada provided financial results for Q4 2006 with revenues of $628,907, compared to $1,239,700 for the same quarter a year ago. Revenues for 2006 year end were $3,081,776, compared to $4,125,550 the previous year. Q4 net income was $1,354,770, compared to a net loss of $3,313,319 in Q4 2005. The net loss for the year end 2006 was $8,754,767, compared to $13,129,184 for 2005.