Source Scientific Profits

Source Scientific Inc., a developer and manufacturer of clinical instrumentation and biomedical devices, reported a profit of $111,000, or 1 cent a share, for the third fiscal quarter.

The company lost $279,000, or 2 cents a share, for the same period a year ago. Sales rose 45% to $1.6 million from $1.1 million.

The company attributed the improved results to increased customer orders, new contracts, a cost-containment plan and continuation of its program to restructure debt.

The company lost $100,000, or 1 cent a share, for the nine-month period, compared with a loss of $407,000, or 3 cents a share, for the same period last year. Sales increased 6% to $3.8 million for the period from $3.6 million.