Imagyn Medical Inc.: The Laguna Niguel company,...
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Imagyn Medical Inc.: The Laguna Niguel company, which develops and markets devices for diagnosis and treatment of gynecological and reproductive disorders, reported a net loss for 1996 of $4.4 million, or 61 cents a share, compared with a year-earlier net loss of $2.6 million, or 59 cents a share. Revenue rose to a record $9.4 million from $2.2 million. For the fourth quarter, the company reported a net loss of $1.3 million, or 16 cents a share, contrasted with net income of $1.3 million, or 25 cents a share, for the 1995 period. The 1995 period included a one-time payment to the company of $3.5 million for various marketing rights. Revenue climbed to $2.6 million from $830,000.
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