MIAMI--(BUSINESS WIRE)--IVAX Diagnostics, Inc. (AMEX:IVD) reported its financial results for the first quarter of 2008. For the quarter, IVAX Diagnostics recorded net income of $345,000, or earnings of $0.01 per share, compared to net loss of $238,000, or loss of $0.01 per share, in the first quarter of 2007. Net revenues for the first quarter of 2008 were $5,242,000, an increase of $296,000, or 6%, from the first quarter of 2007.