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Earnings

January 08, 1988

ReadiCare Inc., a developer and operator of outpatient medical centers and rehabilitation programs based in Newport Beach, reported that its net income more than tripled to $424,000 for the third quarter ended Nov. 30, contrasted with the $132,000 posted for the comparable period last year. Revenues increased to $4.9 million, up 46% from the $3.4 million reported last year. For the nine-month period ended Nov. 30, ReadiCare earned $1.4 million, versus year-earlier results of $584,000. Revenues totaled $14.7 million, compared to $9.9 million a year earlier.

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