Rockford Industries Inc.: The Santa Ana medical...
Rockford Industries Inc.: The Santa Ana medical finance company reported net income of $884,000, or 20 cents a share, for the third quarter, 18% higher than the $752,000, or 17 cents a share, for the like period last year. Revenue totaled $5.4 million, compared with $30.3 million a year ago. The company attributed the revenue decline to an accounting change adopted at the beginning of the year. For the nine months, net income increased 9% to $2.4 million, or 53 cents a share, from $2.2 million, or 48 cents a share, for the comparable three quarters last year. Revenue dropped to $14.5 million from $77 million.
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