LED Medical Diagnostics Inc, Burnaby, British Columbia, announced its financial results for the third quarter ended September 30, 2014, reported in United States dollars and in accordance with International Financial Reporting Standards. The company’s results are presented in comparison to the third quarter ended September 30, 2013.
The company set an annual revenue guidance of $9 to $11 million and reported revenue growth of 86% to $4,273,818 during the 9 months ended September 30, 2014, compared to the same prior-year period. LED attributes its revenue growth in 2014 to its optimizing its VELscope distribution channel and adding new, third-party digital imaging product lines, including its digital intraoral cameras, the LED IC100, and LED IC200.
