Santa Ana’s Admar Reports Profit

Admar Group Inc., a Santa Ana developer and administrator of managed health care services, reported a profit of $167,000, or 2 cents a share, for its first fiscal quarter. That was up 12% from earnings of $149,000, or 2 cents a share, recorded for the same period a year earlier. Revenue for the quarter, which ended April 30, dropped 2% to $4.4 million from $4.5 million.