Davstar Industries Ltd.: The Newport Beach medical...

Davstar Industries Ltd.: The Newport Beach medical and laboratory product developer reported a loss for its first fiscal quarter of $696,000, or 6 cents a share. That compared to a loss of $898,000, or 8 cents a share, for the like period last year. Revenue for the quarter ended Sept. 30 rose 27% to $1.4 million from $1.1 million.