LiDCO reported interims to 31 July 2017 which contained no surprises, given 10 August trading update. Total revenues increased 4% to £3.9m, with adjusted LBITDA and pre-tax loss of £0.6m and £1.0m (£0.3m), respectively, reflecting the 47% (£0.6m) increase in sales & marketing costs to support expansion of its direct sales presence in the US. Its first High Use Programme (HUP) win (44 monitors), post-period end, and today’s confirmation that the same cus
10 Oct 2017
Interims – period of investment bearing fruit
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Interims – period of investment bearing fruit
- Published:
10 Oct 2017 -
Author:
Mark Brewer -
Pages:
16
LiDCO reported interims to 31 July 2017 which contained no surprises, given 10 August trading update. Total revenues increased 4% to £3.9m, with adjusted LBITDA and pre-tax loss of £0.6m and £1.0m (£0.3m), respectively, reflecting the 47% (£0.6m) increase in sales & marketing costs to support expansion of its direct sales presence in the US. Its first High Use Programme (HUP) win (44 monitors), post-period end, and today’s confirmation that the same cus