Luther Medical Products Inc.: The Tustin manufacturer...

Luther Medical Products Inc.: The Tustin manufacturer of catheter systems posted first quarter profit of $24,675, or 1 cent a share, contrasted with a net loss of $230,438, or 7 cents a share, for the comparable 1996 period. Revenue for the quarter ended Sept. 30 gained 36% to $1.5 million from $1.1 million.