IRIS Predicts Loss Despite Expected $6.3-Million Sales

International Remote Imaging Systems Inc., a Chatsworth maker of medical testing equipment, said that it expects to post a loss in the fourth quarter due to restructuring charges, although sales are expected to hit a record fourth-quarter high of about $6.3 million.

The restructuring was undertaken to improve IRIS’ cash flow in order to meet debt disbursement requirements, the company said.

The results will be released later this month.