Gish Biomedical Sees $2.8-Million Loss

Gish Biomedical Inc., Irvine designer and manufacturer of disposable medical devices, posted a net loss of $2.8 million, or 81 cents a share, for the fiscal year ended June 30, compared with a net loss of $1.7 million, or 49 cents a share, a year ago.

Sales declined 5% to $17.7 million. Fourth-quarter results were not released.