EDAP First Quarter 2016 Revenue Increases 40% Year-over-Year to €8.7 Million
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EDAP TMS S.A. (EDAP) Reports Q1 EPS of EUR0.05
May 18, 2016 7:06 AM EDTEDAP TMS S.A. (NASDAQ: EDAP) reported Q1 EPS of EUR0.05, versus EUR0.10 reported last year. Revenue for the quarter came in at EUR8.7 million, versus EUR6.2 million reported last year.
Marc Oczachowski, EDAPs Chief Executive Officer, stated, 2016 is off to an excellent start, as we delivered the strongest first quarter financial performance in the Companys history. We continue to build momentum following the FDA clearance of Ablatherm Robotic HIFU, with revenue from our HIFU division doubling over the first quarter of 2015 on strong system sales and treatment-driven... More
