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Nichols Institute: The San Juan Capistrano diagnostic...

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Nichols Institute: The San Juan Capistrano diagnostic testing and medical test kit company said that net income for the second quarter totaled $2.2 million, or 13 cents a share. That compares with a net loss of $7.7 million, or 48 cents a share, for the 1992 second quarter, which includes the after-tax effect of a $13-million charge for restructuring the company’s operations in Dallas. Revenue declined 3%, to $71.2 million from $73.3 million. Net income for the first half was $4.4 million, or 25 cents a share, contrasted with a net loss of $6.6 million, or 43 cents a share, for the 1992 period. Revenue was down slightly, to $142.9 million from $143.2 million.

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