Tokos Medical Corp.: The Santa Ana maternal/newborn...
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Tokos Medical Corp.: The Santa Ana maternal/newborn managed care services company said it lost $2.4 million, or 14 cents a share, for the first quarter, compared with a net loss of $2.2 million, or 13 cents a share, for the first quarter last year. Revenue declined 5% to $23.9 million from $25.1 million. The quarterly loss this year included a $1.5-million provision for costs associated with the company’s efforts to reduce expenses, including severance costs.
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