InSight Posts Healthy Gains for 4th Quarter

InSight Health Services Corp., Newport Beach-based provider of diagnostic imaging treatment and related services, reported sharp gains in net income and revenue for the fourth quarter.

Net income rose to nearly $2 million, or 21 cents a share, for the three months ended June 30, from $533,000, or 10 cents a share, a year earlier. Revenue totaled $33.9 million, up from $24.7 million.

For the year, the company posted net income of $512,000, or 6 cents a share, after a one-time charge of $6.3 million, compared with a profit of $1.3 million, or 24 cents a share, the previous year. Revenue increased to $119 million from $92.3 million.