Advertisement
 

Remote Imaging Systems Reports Quarterly Loss

VALLEY AND VENTURA COUNTY | REGIONAL EARNINGS

August 18, 1998

Fulfilling an earlier prediction, International Remote Imaging Systems reported a loss of $211,090, or 3 cents per diluted share, for the second quarter of 1998, compared with earnings of $17,330 in the year-ago period.

For the three months that ended June 30, net revenues for the Chatsworth-based maker of in vitro imaging systems increased to $6.7 million, up $103,000 from the same period last year.

Six-month revenues were $13.3 million, against $12.9 million for the first half of last year.

The relatively flat revenues were attributed to decreased sales for genetic analyzers and small instruments, which offset increased sales for urinalysis products.

Advertisement
Los Angeles Times Articles
|
|
|