Merge Healthcare, a developer of imaging and interoperability software systems, reported a net loss of $4 million in the second quarter, a marked improvement from a $28.1 million loss in the same quarter last year.
The Chicago-based software company saw net sales fall to $53.8 million in the second quarter compared with $57.2 million in the same period last year.
“I am proud to announce that for the third quarter in a row, Merge realized consistent, forward momentum in our financial results. Revenue and adjusted EBITDA continued to grow. In addition, our cardiology business achieved its highest sales quarter ever," said Justin Dearborn, Merge CEO.