SonoSite Reports Narrow Q2 Loss

7/25/11

SonoSite (NASDAQ: SONO), the Bothell, WA-based maker of portable ultrasound machines, said today it had a net loss of about $1.1 million in the quarter that ended June 30, compared with a profit of $1.9 million in the same period a year earlier. The company’s sales climbed 18 percent to $72.7 million in the most recent quarter, but the increased revenue was offset by increasing expenses, particularly on new strategic initiatives the company is advancing in the wake of its 2010 acquisition of VisualSonics.

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