IVAX Diagnostics, Inc. Releases Fourth Quarter and Full Year 2006 Results

MIAMI--(BUSINESS WIRE)--IVAX Diagnostics, Inc. (AMEX:IVD) reported net revenues for the year ended December 31, 2006 of $19,523,000, a decrease of 1.2% compared to net revenues of $19,762,000 for the year ended December 31, 2005. For the full year 2006, net loss was $2,809,000, compared to net loss of $510,000 for the full year 2005. Net revenues for the fourth quarter of 2006 were $4,590,000, compared to net revenues of $4,466,000 from the same period of the previous year, an increase of 2.8%. Net loss for the fourth quarter of 2006 was $626,000, compared to net loss of $403,000 for the fourth quarter of 2005.
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