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Article: Ophthalmic Imaging Systems Announces Third Quarter Results
- Article from:
- PR Newswire
- Article date:
- July 17, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SACRAMENTO, Calif, July 17 /PRNewswire/ -- Ophthalmic Imaging Systems (OIS)(OTC Bulletin Board: OISI) today reported revenues for the nine-month period ended May 31, 1998 of $4,747,864, as compared to revenues of $5,144,738 for the same period in 1997. Net losses for the nine-month period in 1998 increased to ($2,380,521) or ($0.60) per share from ($690,648) or ($0.19) per share in 1997.
The Company also reported revenues for the three-month period ended May 31, 1998 of $1,377,830 and a net loss of ($797,129) as compared to revenues of $1,975,085 and earnings of $3,668 for the same period in 1997. Net loss per share for the third quarter was ($0.19) versus ...