Safeguard Health Enterprises: The Anaheim managed-care company...

Safeguard Health Enterprises: The Anaheim managed-care company said net income for the first quarter dropped to $481,000, or 10 cents a share, from $1.1 million, or 22 cents a share, a year earlier. The company attributed the drop in profit to acquisition costs in its dental plan operations. Revenue increased 15% to a record $19.4 million from $16.9 million.