After an exceptionally strong Q1 as LiDCO responded to fulfil Covid-19 related demand, business has returned to more normal levels. This is a strong achievement in its own right given the sharp falls in elective surgical procedures globally and is testament to the increasingly robust recurring revenue model afforded by the HUP SaaS model. The HUP installed base increased by 14% to 327 monitors at the end of the period, generating ARR in the UK & US of £2.3m. Market conditions remain
13 Oct 2020
Record interims & well set for acceleration of growth
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Record interims & well set for acceleration of growth
- Published:
13 Oct 2020 -
Author:
Chris Glasper -
Pages:
4
After an exceptionally strong Q1 as LiDCO responded to fulfil Covid-19 related demand, business has returned to more normal levels. This is a strong achievement in its own right given the sharp falls in elective surgical procedures globally and is testament to the increasingly robust recurring revenue model afforded by the HUP SaaS model. The HUP installed base increased by 14% to 327 monitors at the end of the period, generating ARR in the UK & US of £2.3m. Market conditions remain