Trimedyne Inc.: The Irvine-based medical-laser manufacturer incurred...

Trimedyne Inc.: The Irvine-based medical-laser manufacturer incurred a first-quarter net loss of $988,000. A net loss of $491,000 for the year-earlier period included a gain of $250,000 from a net operating loss tax benefit. Revenue for the quarter ended Dec. 31 declined 27%, to $3.2 million from $4.4 million.