Medstone International Inc.: The Aliso Viejo medical...
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Medstone International Inc.: The Aliso Viejo medical products company posted a third-quarter profit of $1.2 million, or 22 cents a share, 20% lower than the $1.5 million, or 28 cents a share, it reported for the like period last year. The 1994 figure includes a one-time tax credit of $331,000. Revenue rose 33%, to $5.3 million from $4 million. For the first three quarters, profit was $3.2 million, or 58 cents a share, 3% higher than the $3.1 million, or 58 cents a share, for the corresponding period last year. Revenue rose 17%, to $14.4 million from $12.3 million.
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