Solos Endoscopy has announced the company expects to show a sales increase of more than 16 percent for the first quarter of 2012, according to a news release.
Solos Endoscopy's sales increased to just under $98,000 for the period ended March 31, up from about $84,000 for the same period last year.
Management of the company said it expects the increase in sales to continue as global demand for endoscopic instruments increases.
"I am very pleased with the positive turnaround," said Bob Segersten, president of Solos Endoscopy, in the release. "Solos has been able to reduce its debts and increase its sales in a very short period of time. We believe the company is well positioned for profitability."
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