Intelligent Ultrasound posts 2020 half-year financials

2020 06 18 19 14 2283 Graph Financial Results Bar Chart 400

Ultrasound artificial intelligence software and simulation developer Intelligent Ultrasound Group has posted mixed financial results for the 2020 half-year period.

The company reported revenues of 2.5 million pounds (2.8 million euros) -- down from 2019's 3.1 million pounds (3.4 million euros). But it also reduced its earnings before interest, taxes, depreciation, and amortization (EBITDA) loss from 1.3 million pounds (1.4 million euros) in the same period last year to 1.2 million pounds (1.3 million euros).

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