Merge releases solid Q3 results
Merge Technologies Incorporated recently announced financial results for the third quarter 2005 with revenue totaling $32.7 million, pre-tax cash earnings per share totaled $0.47, and GAAP earnings per share totaled $0.24. The company's cash balance at the end of the quarter was $46.5 million. Merge also saw gross margins of 79 percent and operating margins of 38 percent.

"I am pleased to report that we delivered strong financial, operational and organizational performance in our first full quarter subsequent to merging with Cedara Software Corp.," said Richard A. Linden, President and CEO. "In our first full quarter as a merged organization, we focused our merger and integration activities in four key areas: revenue and expense synergies, product innovation, and operations management," added Linden.