Homedco Group Inc.: The Fountain Valley provider...

Homedco Group Inc.: The Fountain Valley provider of home health care services reported a profit of $7.1 million, or 54 cents a share, for the first quarter of its 1994 fiscal year, a 31% increase from $5.4 million, or 41 cents a share, for the first quarter last year. Revenue for the quarter ended Dec. 31 rose 9% to $123.5 million from $113.3 million.