Advertisement

SysteMed Inc.: The Laguna Hills manager of...

Share

SysteMed Inc.: The Laguna Hills manager of prescription drug benefit systems said it lost $5.7 million, or 28 cents a share, for 1993, compared with a net loss of $2 million, or 9 cents a share, for 1992. Revenue grew 14%, to $134.2 million from $117.5 million. For the fourth quarter, the company incurred a net loss of $5.1 million, or 24 cents a share, which included restructuring and other charges of $4.9 million. That compares with a 1992 fourth-quarter loss of nearly $3 million, or 13 cents a share.

Advertisement