From The CMPD News Release:
LOS ANGELES, Aug. 16, 2021 /PRNewswire/ -- CompuMed, Inc. (OTCPK: CMPD) ("CompuMed" or the "Company") is pleased to announce strong fiscal 2021 third quarter results.
FISCAL 2021 THIRD QUARTER HIGHLIGHTS:
Revenue in the quarter was $1.76 million,
an increase of 8.2% sequentially and 55.1% year-over-year.
Operating income during the quarter reached $250,000,
an increase of 56.8% sequentially and 150.2% year-over-year.
We enjoyed a great third quarter, and expect overall full year revenue growth to approximate 20%.
At quarter end CompuMed enjoyed a cash + accounts receivable position of $3.06 million,
7.2% higher than the second quarter and 21.2% higher than one