The Admar Group Inc.: The Santa Ana...
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The Admar Group Inc.: The Santa Ana managed health care company reported a second-quarter profit of $132,000, or 2 cents a share, contrasted with a year-earlier loss of $296,000, or 4 cents a share. Revenue for the quarter ended July 31 was up 64%, to $4.6 million from $2.8 million. The company attributed the results to growth among current clients, adding new clients and the acquisition of four companies. For the first half of the year, there was a profit of $281,000, or 3 cents a share, on revenue of $9.2 million. For the like period last year, the company lost $560,000, or 7 cents a share, on revenue of $5.4 million.
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