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Valley and Ventura County | VENTURA COUNTY ROUNDUP
/ BARBARA MURPHY

NewCom Reports Profit Increase in 3rd Quarter

January 20, 1998|BARBARA MURPHY

NewCom Inc. in Westlake Village reported a net profit of $2.72 million or 29 cents per share for the third quarter that ended Nov. 30.

This compares to a profit of $1.02 million or 13 cents per share for the comparable quarter in 1996.

The company announced that net revenues for the third fiscal quarter were $30.17 million, up from $17.92 million a year earlier.

NewCom provides modems, sound boards, multimedia kits, 3-D graphics cards, Webpal, a product to access the Internet and e-mail via television, and other computer peripherals.

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