Gish Biomedical Inc.: The Santa Ana-based manufacturer...

Gish Biomedical Inc.: The Santa Ana-based manufacturer of critical-care and surgical devices posted a 32% gain in net income for the second fiscal 1990 quarter and a 16% increase in revenue. Net income rose to $297,000 for the quarter ended Dec. 31 from $225,000 for the like period in fiscal 1989. Sales were $4.3 million, up from the previous year’s $3.7 million. For the first half of fiscal 1990, net income totaled $544,000, 30% higher than the $417,000 posted for the first six months of the previous year. Revenue was up 18%, to $8.2 million from $7 million.