Merge Healthcare, a medical imaging solutions provider, has reported its financial results for the third quarter of 2008, which ended Sept. 30.

Net income for the third quarter of 2008 was $400,000, compared to a net loss of $141.6 million in the third quarter of 2007, and a net loss of $18.2 million in the second quarter of 2008, according to the Milwaukee-based Merge.

For the 2008 third quarter, the company said its net sales totaled $14.6 million, compared to $14.1 million in the 2007 third quarter, and $13.3 million in the 2008 second quarter, which ended June 30.

Operating income for the 2008 third quarter was $1.3 million, compared to operating losses of $141.9 million in the 2007 third quarter, and $18.3 million in the 2008 second quarter. Merge said that a goodwill impairment charge of $122.4 million contributed to the operating loss for the 2007 third quarter. The company also noted that a restructuring charge of $7.5 million and a $3 million charge associated with the settlement of a class action lawsuit contributed to the operating loss for the 2008 second quarter.