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BUSINESS
June 27, 1991 | CRISTINA LEE, TIMES STAFF WRITER
TriCare Inc., a Santa Ana occupational health-care services company, on Wednesday reported sharply higher earnings for the year and said it plans a public stock offering of 1 million shares. The company reported earnings of $2.4 million for its fiscal year ended May 31, up 51% from $1.6 million last year. Revenue rose 75% to $36.6 million from $20.9 million. For the fourth quarter, the company earned $803,000, up 51% from $532,000 a year earlier. Revenue rose 78% to $10.
BUSINESS
July 24, 1991 | CRISTINA LEE, TIMES STAFF WRITER
TriCare Inc., an occupational health-care services company, said it hopes to raise $12.3 million for company expansion in a public offering that began Tuesday. TriCare, which first announced the offering last month, began selling 1 million shares of common stock at $13.50 per share, with about $1.2 million of the proceeds going to cover the underwriters' discount and expenses.
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