Hycor Biomedical Inc.
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The Garden Grove maker of diagnostic products said net income for the fourth quarter totaled $203,000, or 3 cents a share. That contrasts with a net loss of $5.7 million, or 79 cents a share, for the same period last year, which included a $2.2 million goodwill write-off. Sales were unchanged at $4.7 million. Net income for the year totaled $249,000, or 3 cents a share, contrasted with a net loss of $6.6 million, or 91 cents a share, for 1998. Sales were flat at $18.4 million.
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