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OIS reports record revenues for third quarter of 2006

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SACRAMENTO, Calif. — Ophthalmic Imaging Systems achieved "record" revenues of $3.9 million for the third quarter of 2006, a 16% increase compared with the third quarter 2005, the company announced in a press release.

For the quarter, net income increased 18% to $607,000, or $0.04 per basic share and $0.03 per diluted share, compared to net income of $516,000, or $0.03 per basic and diluted share, for the third quarter of 2005, according to the release.

During the third quarter, OIS also increased sales and marketing campaigns aimed at broadening its client base, including a partnership forged the previous quarter with International Vision Network to offer discounts to the organization's members, according to the release.