SuperSonic Imagine Reports Sales of €16.6 Million for the 9 Months to September 30, 2018, up +3% at Constant Currency

Regulatory News:

SuperSonic Imagine (Paris:SSI) (Euronext: SSI, FR0010526814, PEA-PME eligible), the highly-innovative ultrasound company, today announces its revenues for the first nine months of the financial year and the third quarter of the period ended 30 September 2018.

SuperSonic Imagine will host a conference call at 6.30 pm CEST today.
To participate, please call [phone] followed by participant PIN 236 420 13#

Michèle Lesieur, CEO and President of SuperSonic Imagine, comments: “The disappointing level of activity recorded in the third quarter was in large part due to delays in the delivery of our new product (the causes of which have now been resolved), and I would like to emphasize the positive aspects of our third quarter as they are structuring factors for our future growth: China is continuing to record buoyant growth, sales are stable in the United States despite the impact of the transition from one product range to the next, Service activity generated over a million euros in quarterly sales for the first time in Supersonic Imagine’s history. We officially launched Aixplorer MACH 30 at the 2018 French Radiology Days (JFR) from October 12 to 15, following the delivery of the first platforms at the end of September. Reaction to this new product, its ergonomics and its clinical performances has been excellent. This makes me extremely confident regarding our fourth quarter, which growth will also be supported by the catching-up of sales not achieved during the third quarter and postponed to the end of the year”.

In million euros		2018		2017		Change (%)
Products		4,213		3,908		+8%
% of total sales		84%		86%
Services		0,817		0,619		+32%
% of total sales		16%		14%
1st quarter sales		5,030		4,527		+11%
Products		5,274		5,122		+3%
% of total sales		86%		89%
Services		0,877		0,642		+36%
% of total sales		14%		11%
2nd quarter sales		6,150		5,764		+7%
Products		4,375		5,680		-23%
% of total sales		81%		88%
Services		1 ,003		0,766		+31%
% of total sales		19%		12%
3rd quarter sales		5,378		6,446		-17%
Products		13,862		14,709		-6%
% of total sales		84%		88%
Services		2,696		2,027		+33%
% of total sales		16%		12%
9-month sales		16,558		16,737		-1%
Other revenues (*)		0,032		-		-
Total 9-month revenues		16,590		16,737		-1%

Unaudited data. Note (*): these revenues are non-recurring by nature and do not fall within the scope of current activity.