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Regency Health Services Inc.: The Tustin operator...

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Regency Health Services Inc.: The Tustin operator of health care facilities reported a profit of $876,000, or 13 cents a share, which included a loss of $975,000 from earthquake damage. That compares with a profit of $1.4 million, or 21 cents a share, for 1993’s first quarter. Revenue rose 43% to $41.9 million from $29.4 million. In addition, Care Enterprises Inc., which has since merged with Regency, reported first quarter profit of $1.1 million, or 9 cents a share, up 15% from $996,000, or 8 cents a share, recorded for last year’s first three months. Quarterly revenue increased 11% to $53.1 million from $47.9 million.

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