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Milestone Scientific says dental office reopenings boosted revenue in its third quarter

Milestone Scientific says dental office reopenings boosted revenue in its third quarter

Milestone Scientific Inc (NYSE:MLSS) CEO Arjan Haverhals tells Proactive it reported a 69% uplift in revenue in its third quarter to end-September compared to last year, as dental offices began opening up again and the group's medical sales and marketing initiatives began to stick.

The medtech group said revenue was around $2.1 million versus $1.2 million in the year-ago quarter, with dental revenue increasing around $0.8 million on last year. Haverhals says the group is starting to see the results of sales and marketing initiatives within the Medical segment, as it had been selected to supply its CompuFlo Epidural instrument and CathCheck Verification System throughout Florida’s Memorial Healthcare network.

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