Orthopedic digital imaging firm EOS Imaging announced that its consolidated revenue for 2011 was 6.94 million euros ($9.3 million U.S.), an increase of 42.5% compared with 2010.
Equipment sales represented 90.8% of total revenue, an increase of 45.8% from the prior year. Sales of service contracts represented the remainder, an increase of 16.7% over 2010.
The company expects sales momentum to increase in 2012, infused by 38 million euros ($50.9 million) raised by the company's initial public offering (IPO) on February 15, 2012. This represented a fourfold oversubscription of public offering of shares on the NYSE Euronext Paris.
