$508,000 Quarterly Net Reported by ReadiCare

ReadiCare reported net income of $508,000 for its fiscal second quarter ended Aug. 31, more than double the $206,000 reported for the comparable period last year.

The Newport Beach-based developer and operator of outpatient medical centers and programs reported revenue of nearly $5 million, an increase of 51% from the $3.3 million a year earlier.

For the first six months of fiscal 1988, the company reported net income of $985,000, up from $451,000 for the previous year. Revenue totaled $9.7 million, an increase of 49%, from the year-earlier $6.5 million.