Imagyn Medical Technologies Inc.: The Newport Beach...

Imagyn Medical Technologies Inc.: The Newport Beach manufacturer of surgical products posted a third-quarter net loss of $25 million, or 70 cents a share, for the third fiscal quarter, which included a charge of $2 million for early extinguishment of debt. A year earlier, the company lost $3.8 million, or 11 cents a share. Sales for the quarter ended Dec. 31 declined 26% to $23.3 million from $31.5 million. For the nine-month period, a net loss of $54.6 million, or $1.54 a share, was reported, compared with a net loss of $40.5 million, or $1.43 a share, for the like period a year ago. Sales were up 22% to $92.7 million from $75.7 million.