LED Medical Diagnostics Inc. announced financial results for the first quarter ended March 31, 2017. The company reported revenue of $2.098 million, which is a decrease of 2% from the three months ended March 31, 2016 and a 13% increase in revenues from the three months ended December 31, 2016. The net loss was $1.08 million for the three months ended March 31, 2017, as compared to a net loss of $2.05 million for the three months ended March 31, 2016. Cash flow used in operations was $1.39 million during the three months ended March 31, 2017 compared to $684,000 during the three months ended March 31, 2016.