Diagnostic Ventures, Newport Beach, reported net income...

Diagnostic Ventures, Newport Beach, reported net income of $164,792, for its fiscal 1988 second quarter, contrasted with a year-earlier loss of $127,949. Revenue for the three months ended Dec. 31 rose to $3.8 million, from $316,329. For the first six months, net income totaled $72,107, contrasted with the year-earlier loss of $91,622. Revenues increased to $5.8 million, from $562,147. The company’s 1986 figures have been restated to reflect an accounting change in which the company restated revenues to defer income from equipment leases until the quarter it is actually received. Diagnostic Ventures’ core business is the leasing of capital equipment in the health marketplace.