Ophthalmic Imaging Systems Reports Third Quarter 2007 Results

SACRAMENTO, Calif.--(BUSINESS WIRE)--Ophthalmic Imaging Systems (OIS) (OTCBB:OISI) today reported financial results for the three and nine month periods ended September 30, 2007. For the nine months ended September 30, 2007, OIS reported net revenues of $10.9 million compared with net revenues of $11.4 million for the same period last year. Net income for the nine months ended September 30, 2007 was $1.5 million, or $0.09 and $0.08 earnings per basic and diluted share, respectively, compared with net income of $1.6 million, or $0.10 and $0.09 earnings per basic and diluted share, respectively, for the prior year period. Potential sales and net income growth during the first nine months of 2007 were offset by two large contracts in the second and third quarters of 2006.
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