I-Flow Results Improve

IRVINE —  I-Flow Corp. said Monday that it expects third-quarter revenue and operating income to be “significantly” improved from results a year ago.

The company, which designs and develops ambulatory infusion systems, said it expects revenue of about $4 million, up from $2.6 million a year ago, while operating income should climb to 6 cents per share from 4 cents per share.

The income for the quarter ended Sept. 30 does not include a charge that the company expects to record from its acquisition of Block Medical Inc. The transaction will almost double sales and significantly improve distribution, I-Flow said.