Merge sees net loss in Q2, but financial outlook improving

Enterprise imaging, interoperability and clinical systems vendor Merge Healthcare has reported a net loss of $4 million for the second quarter of 2014, a significant improvement over the $28 million net loss reported during the second quarter of 2013.

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“I am proud to announce that for the third quarter in a row, Merge realized consistent, forward momentum in our financial results,” said Justin Dearborn, CEO of Merge Healthcare, in a news release. “Revenue and adjusted EBITDA continued to grow. In addition, our cardiology business achieved its highest sales quarter ever.”

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