Unaudited Income Rises at Diagnostic Ventures

Diagnostic Ventures Inc. reported unaudited earnings of $85,544 for the second quarter of its fiscal year, up 45% from $59,146 posted a year earlier. Revenue for the quarter ended Dec. 31 more than doubled to $405,590 from $165,171.

The Newport Beach financial services company reported six-month earnings of $148,959, more than 12 times the $11,763 recorded a year earlier. Revenue for the period nearly quadrupled to $618,859 from $165,171.

The 14-month-old company went public in November. David Higgins, Diagnostic Ventures’ president, said the increased earnings resulted from continued growth of the company’s business--arranging financing for the leasing of medical equipment.