Volpara on track to break even as revenue climbs 34%

Volpara benefits from US decision. (Image: Getty)

Thu, 25 May 2023

Volpara Health Technologies is on track to break even on an underlying earnings basis after notching up record revenue and scoring a win when the US Food and Drug Administration (FDA) required density notification in mammogram reports. The Wellington-based, ASX-listed company narrowed its net loss to $9.8 million in the 12 months ended March 31, from $16.4m a year earlier, as revenue climbed 34% to $35m. That record revenue figure beat Volpara’s initial guidance range of $33.5m to $34.5m. The company reported a loss before inter...

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