ORANGE COUNTY EARNINGS
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Quality Systems Inc.: The Tustin developer and provider of computer-based management systems for medical and dental group practices posted net income of $232,000, or 4 cents a share, for the third fiscal quarter, compared with a net loss of $80,000, or 1 cent a share, for the comparable quarter a year ago. Revenue for the quarter ended Dec. 31 increased 60% to $7.5 million from $4.7 million. The company said it lost $2.2 million, or 36 cents a share, for the nine-month period, which included a $4.7-million charge for research and development obtained in a recent acquisition. That compares with a net loss of $7.7 million, or $1.30 a share, for the like period last year. Revenue was up 59% to $22.2 million from $14 million.
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