InSight’s Income Off 5% in Quarter

InSight Health Services Corp., Newport Beach provider of diagnostic imaging and related management services, said net income for the fourth quarter totaled $1.9 million, or 21 cents a share, down 5% from $2 million, or 21 cents a share, for the same period last year. During the 1999 fourth quarter, InSight recorded a one-time charge of $3.3 million for reorganization and other costs, and a $3.5-million benefit for income taxes. Revenue for the quarter ended June 30 increased 31% to $44.4 million. Net income for the year increased to $6.1 million, or 65 cents a share, from $512,000, or 6 cents a share, for 1998. Revenue increased 36% to $162 million.