Westborough-based Kopin Corp., which is transitioning its business model to a focus on wearable technology, today reported a drop in revenue for its second quarter, along with a larger year-over-year loss.
A state-of-the-art medical office building has been sold and is welcoming a new tenant, further solidifying it as a prime office locale on the Route 2 Corridor. The two-story, 49,250-square-foot, Class-A clinical facility at 330 Baker Ave. — which houses Harvard Vanguard Medical Associates — is now a neighbor to Emerson Hospital and Welch's corporate headquarters, which opened at Concord Meadows this past year.
Holli Andrews —executive director of the Framingham Downtown Renaissance — sees downtown's multicultural appeal as a seed for economic growth. With community planning and open-space preservation experience in Vermont and Maine, Andrews is tasked with revitalizing this somewhat-forgotten area with new energy, improved walkability and emphasis on its historic assets. She shares some of her vision here.
Tufts Medical Center and Vanguard Health Systems New England, the parent of Saint Vincent Hospital and MetroWest Medical Center, have signed an affiliation agreement to enhance and expand cardiovascular services to patients in Central and Eastern Massachusetts, according to a statement from Tufts.
Holliston-based Harvard Bioscience reported an 8.4-percent drop in revenue for its second quarter, as well as a net loss of $186,000. That marked a $962,000-turnaround after the life sciences manufacturer turned a $774,000 profit in the same quarter last year.
Virtusa Corp. of Westborough reported revenue growth of 19 percent in its most recent quarter, along with a 22.5-percent jump in net income as the global technology services provider continued a string of strong quarterly results.
Data storage and document management company Iron Mountain, which has operations in Southborough and Northborough among more than 1,000 locations worldwide, saw a decline in profits in the second quarter, the company announced.
Saying the company's restructuring efforts have been completed and the “desired savings have been achieved,” Maynard-based Monster Worldwide Inc. cut second-quarter operating expenses to $192 million, from $210 million last year, the company said in its quarterly financial report.
Milford-based Waters Corp. announced it will fund a new, two-year postdoctoral fellowship at the University of California, San Diego School of Medicine.
Natick-based Cognex Corp. announced record quarterly revenue of $86.5 million for its second quarter, a 3-percent increase over the same period last year.