Novadaq Technologies (NVDQ) Reports Q2 Loss of $0.29

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NOVADAQ Reports Second Quarter 2016 Financial Results

July 27, 2016 4:02 PM EDT

TORONTO, July 27, 2016 (GLOBE NEWSWIRE) -- NOVADAQ Technologies Inc. ("NOVADAQ" or the Company") (NASDAQ: NVDQ) (TSX: NDQ), the leading developer and provider of clinically relevant fluorescence imaging solutions for use in surgical and diagnostic procedures, today announced financial results for its second quarter ended June 30, 2016. Unless otherwise indicated, all dollar amounts in this press release are expressed in United States (U.S.) dollars.

For the three months ended June 30, 2016, NOVADAQ reported revenues of $20.1 million, an increase of 34% from $15.1 million in the second quarter of 2015. Total direct sales increased by $4.4 million,... More