Interpore Cross Profit Drops 33%

Irvine medical device firm Interpore Cross International posted fourth-quarter net income of $824,000, or 6 cents a share, down 33% from $1.2 million, or 9 cents a share, a year ago. Sales grew 2% to $10.9 million. Net income for 2000 was $4.1 million, or 27 cents a share, a decrease of 15% from $4.8 million, or 35 cents a share, for 1999. Sales increased 14% to a record $44.3 million.