SonoSite revenues jumps 20 percent

Twitter icon
Facebook icon
LinkedIn icon
e-mail icon
Google icon

SonoSite Inc.’s worldwide revenue grew approximately 20 percent to more than $47 million compared to the second quarter of 2006. For the first half of 2007, worldwide revenue grew approximately 18 percent to about $90 million compared with $76.4 million for the first half of the prior year.

“Revenue growth in the second quarter demonstrated improving execution in our sales channels, as well as improving market share,” said Kevin M. Goodwin, SonoSite president and CEO. “U.S. business was up 16 percent, with the U.S. hospital business growing quite strongly at 25 percent compared to the prior year’s quarter.”

Second quarter 2007 revenue estimates are preliminary. SonoSite plans to report complete second quarter and first half 2007 financial results on July 30, 2007.