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Briefcase

November 18, 1987|James S. Granelli, Times Staff Writer

Diagnostic Ventures said it lost $92,686 in the fiscal 1988 first quarter ended Sept. 30, contrasted with net income of $22,327 in the same period a year earlier. Revenues rose to $2 million from $245,818 last year. The medical equipment leasing company, based in Newport Beach, said the loss reflects the company's decision to establish a direct financial lease portfolio. As a result, the company will defer some of its income to future quarters instead of recording it as it is received.

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