Bomed Medical Reports Second-Quarter Loss
Bomed Medical Manufacturing Ltd. of Irvine reported a net loss of $280,530 for its fiscal second quarter ended May 31, compared to a $119,280 loss in the same period last year. Revenues for the period, however, rose 21% to $434,520 from $357,510 last year.
For the fiscal six months, the company’s loss totaled $482,690, compared to a loss of $327,260 in the year-earlier period. Revenue rose 47% to $780,530 from $530,680.
Bomed makes non-invasive cardiovascular monitoring systems.