ICU Medical Inc.: The Irvine disease protection...

ICU Medical Inc.: The Irvine disease protection products company reported a 63% gain in earnings for 1992. The company posted a profit of $4.9 million, or $1.05 a share, up from $3 million, or 81 cents a share, for 1991. Annual sales rose 36% to $10.2 million from $7.5 million. For the fourth quarter, profit totaled $1.1 million, or 22 cents a share, on sales of $2.7 million. For the corresponding 1991 quarter, the company lost $592,000, or 16 cents a share, on sales of $2 million. ICU said the loss for the fourth quarter of 1991 was because of an accounting charge of $1.7 million for stock options granted at less than market value.