IntraOp sees revenue uptick

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Intraoperative radiation therapy device manufacturer IntraOp Medical reported stronger sales through the first three quarters of fiscal 2007 (end-June 30) compared with sales over the same period last year; however, there was also a rise in operating and net loss.

The Sunnyvale, Calif.-based developer said that it recorded $2.4 million in sales for the first nine months of its fiscal year, a 3.3 percent increase over the same timeframe last year.

Operating losses rose to $3.1 million from $2.4 million as IntraOp invested an additional $870,000 in marketing and sales. Net loss was $7 million through the third quarter compared with $6 million for the same period in the prior fiscal year.