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LiDCO revenues rise

By BFN News | 09:28 AM | Thursday 10 August, 2017

LiDCO product revenues in the six months to the end of July rose by 8% to £3.27m with total revenues (including third party products) up 4% at £3.94m, in line with the board's expectations. Net cash outflow during the period was £0.92m with cash at the period end of £3.98m (31 January 2017: £4.90m), the outflow reflecting the planned investment in sales and marketing resources. In the US, revenues were up 22% to £0.81m, with the growth being driven by a significant customer win involving the purchase of a number of monitors. At 9:28am: (LON:LID) LiDCO Group PLC share price was +0.13p at 9.5p Story provided by

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