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Coreco Reports Revenue, Earnings Growth

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MONTREAL, Aug. 10 -- Coreco Inc., developer of computer vision hardware and software products for OEMs, has reported second quarter growth, due simply to the continued demand for its products, said Coreco. The second three months ended June 30 were the last before the company will include contributions from Imaging Technology Inc., which Coreco acquired on June 30 of this year. Second quarter revenues were $5.1 million, an increase of 15 percent compared with the same 1999 period. Net earnings added up to slightly more than $1 million, 48 percent more than last year's second...Read full article

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    Published: August 2000
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