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VALLEY EARNINGS

American Nucleonics Has Record Profit

March 18, 1986

American Nucleonics reported record net income on record sales for its second quarter ended Feb. 28. Net income for the quarter increased 30% over the same period a year earlier, to $409,200, or 5 cents a share, and sales were up 28%, to $1.9 million.

For the six months ended Feb. 28, net income jumped 53% from the same period last year, to $684,900, or 9 cents a share, while sales increased 26%, to $3.5 million.

The Westlake Village-based company, which makes military communications equipment, attributed its better performance to increased defense spending and product improvements.

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