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VENTURA COUNTY ROUNDUP / BARBARA MURPHY

Interlink Reports 16% Rise in Quarter's Revenues

August 13, 1996|BARBARA MURPHY

Interlink Electronics of Camarillo announced that its overall revenues for the three months that ended June 30 were $3.3 million, up 16% from the same period of 1995, and an 18% increase over first-quarter 1996.

Additionally, revenue from products based on the company's VersaPoint pointing-device technology increased 46% as compared to the second quarter of last year.

Net income for the second quarter was $140,000, up from the $93,000 posted during the same period a year ago. The year-to-date net income was $193,000, almost a ninefold increase from the $22,000 from the first two quarters of 1995.

Revenues for the first half of 1996 reached $6 million, up 19% from 1995. The company recorded another record quarter and its fifth consecutive quarter of profitability, yielding 3 cents per share for the quarter and 5 cents year to date for 1996, as compared with 2 cents and 1 cent for the respective periods in 1995.

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