Biomerica: The Newport Beach maker of medical...

Biomerica: The Newport Beach maker of medical diagnostic products reported a net loss of $82,253 for the fiscal year ended May 31, compared with a net loss of $435,244 for the prior year. Revenue was up 4%, to $8.3 million from $8 million. The company recorded fourth-quarter profit of $97,316, contrasted with a net loss of $87,831 for the like period last year. Revenue rose 5%, to $2.3 million from $2.2 million.