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Access HealthNet Posts Fiscal 1st-Quarter Profit

Access HealthNet Inc., a Westlake Village provider of health-care data management and communications systems, said it posted a $334,288 fiscal first-quarter profit contrasted with a $76,795 loss a year ago.

The company’s revenues jumped more than 600% in the three months ended June 30, to $1.7 million from $238,543 in last year’s first quarter.

Access also said it received a $1.4-million equity infusion through a private placement of its common stock and an exercise of stock options by its officers.


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