Citing slipping prices and soft demand for computer products, Applied Data Communications reported a net loss of $545,000 for its fiscal 1987 second quarter, contrasted with net income of $119,000 for the same period a year ago.
Revenue for the period ended Sept. 30 totaled $1.3 million, off 54% from revenue of $2.8 million for the comparable period last year.
The Tustin-based computer equipment maker said the loss also reflected research and development expenditures for new products.
For the six months, Applied Data reported a net loss of $714,000, contrasted with net income of $202,000 for the same period a year ago. Revenue for the first half was $3.2 million, down 46% from $5.9 million.
Separately, Applied Data said it has acquired the assets of privately held KJ Instruments Inc., a Northern California maker of rigid disk-drive test equipment.