April 6, 2011
Westborough Firm Predicts Revenue Jump
By Brandon Butler
Viking Systems Inc., a Westborough-based medical device company, expects revenues to increase year-over-year by 50 percent in the first quarter.
The company, which makes two- and three-dimensional visualization products for non-invasive surgery, ran a $2.4-million net loss on $8 million in revenues last year. In 2009, it had a $1-million loss on $7.2 million in sales.
The company will release its full first-quarter earnings results by mid-May.
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