Biomerica’s Losses Grow to $3.9 Million

Biomerica Inc., a Newport Beach medical technology company, said it lost $3.9 million, or 86 cents a share, for its fiscal year ended May 31, compared with a year-earlier net loss of $72,548, or 2 cents a share. Revenue fell 8% to $8 million. The company did not break out fourth-quarter results.