Fortis Corp.: The Irvine provider of medical...

Fortis Corp.: The Irvine provider of medical cost containment and managed care services said net income for the fiscal year ended March 31 more than doubled from the previous year, to $1.6 million from $685,000. Earnings per common share rose to 43 cents from a net loss of 12 cents. Revenue increased 62%, to $46.9 million from $28.9 million. Net income for the fourth quarter totaled $461,000, or 11 cents per share, up 41% from the $326,000, or 6 cents per share, posted for the like period in 1991. Revenue rose 49%, to $13 million from $8.7 million.