IVAX Diagnostics, Inc. Reports Second Quarter Results

MIAMI--(BUSINESS WIRE)--IVAX Diagnostics, Inc. (AMEX:IVD) reported net revenues of $10,605,000 for the six months ended June 30, 2008, an increase of $538,000, or 5.3%, from net revenues of $10,067,000 for the same period in 2007. Net revenues were $5,363,000 for the second quarter of 2008, an increase of $242,000, or 4.7%, from net revenues of $5,121,000 for the second quarter of 2007. Net income for the six months ended June 30, 2008 was $642,000, compared to net loss of $701,000 for the same period in 2007, while net income for the second quarter of 2008 was $297,000, compared to net loss of $463,000 for the second quarter of 2007.
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