Article: Ophthalmic Imaging Systems Announces Corporate Developments and Fourth Quarter and Year End 2008 Results.(Financial report)

Ophthalmic Imaging Systems, a leading digital imaging company (OIS) (OTCBB:OISI) reported its financial results for the quarter and year ended December 31, 2008 and announces recent corporate developments (see also Ophthalmic Imaging Systems).

For the year ended December 31, 2008, OIS reported net revenues of $12.5 million, compared with net revenues of $14.5 million for the same period in 2007. Net loss for the year ended 2008 was $(1.0) million, or $(0.06) per basic and diluted share, compared with net income of $1.6 million, or $0.09 per basic and diluted share, for the year ended December 31, 2007. The total net loss for the 2008 period includes $(0.8) ...

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