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INDUSTRY NOTES

November 11, 1987

Video Library reported record net income that rose by 22% to $335,746 for the third quarter, up from $275,289 during the third quarter of the previous year. Third-quarter revenue rose by 34% to $4.2 million from $3.2 million.

Net income rose by 2% to $893,320 for the nine-month period, up from $875,694 a year earlier. Revenue for the nine-month period rose by 37% to $11.9 million, up from $8.7 million during the previous period.

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