TECHNOLOGY - Nov. 30, 1991
From Times Staff and Wire Reports
Trimedyne Inc.: The Irvine manufacturer of medical lasers reported a loss of $6.3 million, or 93 cents a share, for its fiscal year ended Sept. 30. A year ago, the company lost $7.4 million, or $1.11 a share. Revenue dropped 38% to $8.5 million from $13.7 million. For the fourth quarter, the company lost $1.9 million, or 26 cents a share, compared to a loss of $1.2 million, or 17 cents a share, in the 1990 quarter. Revenue declined 49% to $1.8 million from $3.5 million.
