Analyst Research Report Snapshot

Title:

OPTOS - SHIFTING SALES SOURCES

Price:

$10.00

Provider:

Edison Investment Research

Date:

17 Jun 2010

Pages:

8

Type:

AcrobatPDF

Companies referenced:

OPTS.L

Available for Immediate Download
Summary:

Superficially, the interim results look similar to the second half of FY09, but the underlying pattern of revenues is shifting from external financing to direct lease. The key use-per-system rate remains at 109 Optomap tests/month, up from 108 in H209, perhaps indicating a plateau in usage. The use-based strategy remains on track and should pay off in 12 to 18 months. New products, both high and low end, and increasing clinical data will open new markets and could enable better EU sales in the medium term.

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