O.C. BUSINESS PLUS : ORANGE COUNTY BRIEFLY : Gish Biomedical Reports 4th-Quarter Loss

Gish Biomedical Inc., an Irvine manufacturer of disposable medical devices, reported a fourth-quarter net loss of $826,000, or 24 cents a share, compared with a net loss of $1.6 million, or 46 cents a share, for the same period last year, which included a write-off of $827,000 in assets related to the company’s infusion pump business. Sales for the quarter ended June 30 were down 8% to $4.8 million.

For the year, Gish said it lost $1.7 million, or 49 cents a share, compared with a net loss of $2 million, or 59 cents a share, the previous year. Sales declined 8% to $18.7 million.