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SAN DIEGO EARNINGS

February 11, 1988

International Totalizator Systems Inc. reported a fourth-quarter profit of $18,962 on sales of $5.5 million, contrasted with a net loss of $289,732 on sales of $2.7 million over the same three months last year.

For the full year ended Dec. 31, ITS reported a profit of $1.8 million on revenue of $24.8 million, contrasted with a loss of $1.2 million on sales of $10.2 million for fiscal 1986.

ITS makes computerized ticketing systems and terminals for parimutuel wagering, lottery and airline-related applications.

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