Biomerica Inc.: The Newport Beach manufacturer of...

Biomerica Inc.: The Newport Beach manufacturer of medical diagnostic products reported second-quarter net income of $95,188, or 3 cents a share, up from the $31,103, or 1 cent a share, for the like period last year. Revenue for the quarter ended Nov. 30 declined 4% to $2.3 million from $2.4 million. For the first half, net income rose to $155,493, or 5 cents a share, from $32,392, or 1 cent a share, for the same period last year. Revenue was flat at $4.6 million.