Article: IVAX Diagnostics Releases Fourth Quarter and Year End Results; 2003 Net Revenues Increase 27.7% Compared to Prior Year.

Business Editors/Health/Medical Writers

MIAMI--(BUSINESS WIRE)--March 18, 2004

IVAX Diagnostics, Inc. (AMEX:IVD) reported financial results for the year and fourth quarter ended December 31, 2003. IVAX Diagnostics reported net revenues for the year ended December 31, 2003 of $17,673,000, compared to $13,841,000 from the same period of the previous year, an increase of 27.7%. For the year ended December 31, 2003 the net loss was $675,000, compared to a net loss of $2,830,000 for the year ended December 31, 2002, a reduction of 76.1%. Net revenues for the fourth quarter of 2003 were $4,394,000, compared to $4,315,000 from the same period of the previous ...

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