Wavetek anticipates that net income will increase 19%, to $1.3 million, and revenue will increase by 25%, to $24 million, for the fourth quarter ended Oct. 3. Wavetek reported a $1.1 million profit and $19 million in revenue for the fourth quarter of 1986.
Net income is expected to rise by 25% to $3.8 million. Revenue is expected to increase by 12% to $82.6 million for the year ended Oct. 3. Wavetek reported a $3 million profit and $73 million in revenue during 1986.