IVAX Diagnostics, Inc. IVD reports its financial results for the fourth quarter and full year ended December 31, 2010.
For the quarter ended December 31, 2010, net revenue was $4.0 million compared with $4.5 million in the quarter ended December 31, 2009.
Gross profit for the quarter ended December 31, 2010 was $1.9 million compared with $2.4 million in the quarter ended December 31, 2009. Gross profit margins for the quarter ended December 31, 2010 were 46.3% compared with 54.3% in the quarter ended December 31, 2009.
Loss from operations for the quarter ended December 31, 2010 was $0.9 million compared with a loss from operations of $1.2 million in the quarter ended December 31, 2009. Net loss for the quarter ended December 31, 2010 was $0.8 million, or $0.03 loss per share, compared to net loss of $1.3 million, or $0.05 loss per share, in the quarter ended December 31, 2009.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in