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Advanced Logic Research Inc

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BUSINESS
June 20, 1997 | PATRICE APODACA, TIMES STAFF WRITER
Microcomputer maker Advanced Logic Research Inc. agreed to a $194-million cash buyout by Gateway 2000 Inc., the nation's biggest direct marketer of personal computers, the companies announced Thursday. The acquisition will provide Gateway with a much-desired entree to the corporate market. Irvine-based Advanced Logic, though profitable on its own, will gain the brand name, deeper pockets and distribution channels of the larger company. Advanced Logic rose $2.
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BUSINESS
July 24, 1993
Advanced Logic Research Inc., the Irvine manufacturer of microcomputer systems posted a loss of $2.7 million, or 24 cents a share, for its third fiscal quarter, which ended June 30. That contrasted with a profit of $1.6 million, or 14 cents a share, for the comparable period last year. Revenue declined 32% to $36.1 million from $52.7 million. For the latest nine months, the company reported a loss of $5.8 million, or 52 cents a share.
BUSINESS
May 5, 1997 | JOHN O'DELL, TIMES STAFF WRITER
Irvine computer maker Advanced Logic Research Inc. has signed an agreement with Micro-Age Inc., under which the Arizona-based tech products wholesaler will distribute ALR's line of high-performance servers--the core computer that provides the basic brains and memory for a business's network of desktop terminals. MicroAge is ALR's third distributor, and its largest. The company also uses Tech Data Corp. in Clearwater, Fla., and Gates/FA Distributing Inc. in Greenville, S.C.
BUSINESS
August 1, 1991 | DEAN TAKAHASHI, TIMES STAFF WRITER
Continuing to gain ground on its larger competitors, personal computer maker Advanced Logic Research Inc. reported Wednesday that its third-quarter earnings jumped 29% to $3.4 million on sharply higher sales. Sales for the quarter ended June 30 rose 40% to $52.5 million, from $37.5 million a year earlier. Earnings per share were 31 cents, up from 27 cents.
BUSINESS
August 5, 1992
The computer rivalry heated up in this city on Tuesday. Advanced Logic Research Inc. said it cut prices on a number of its computer models to stay competitive with rival computer maker AST Research Inc. ALR said it cut prices up to 18% on a line of desktop computers and up to 26% on a line of computers aimed at small businesses and corporations. Meanwhile, AST said it will introduce two new products on Monday.
BUSINESS
May 2, 1991 | DEAN TAKAHASHI
Advanced Logic Research Inc., the manufacturer of personal computers, on Wednesday reported higher earnings and revenue for its second quarter, ended March 31. The company said earnings rose 29% to $4 million, up from $3.1 million for the same quarter a year earlier. Revenue rose 35% to $60.3 million, from $44.8 million a year earlier. Gene Lu, chairman and chief executive, attributed the higher revenue primarily to sales of high-performance PCs based on Intel Corp.'
BUSINESS
September 24, 1991 | Dean Takahashi / Times staff writer
Advanced Logic Research Inc. has agreed to sell 300 computers to the Polish government in a deal the company valued at less than $1 million. The Irvine personal computer manufacturer has been designated the sole supplier for the Polish government's Central Statistics Office in Warsaw, said Dave Kirkey, vice president of worldwide marketing. The computers will be used for various statistical analyses and census number-crunching, Kirkey said.
BUSINESS
October 14, 1992 | DEAN TAKAHASHI, TIMES STAFF WRITER
Anticipating its first quarterly loss and continued personal computer price wars, Advanced Logic Research Inc. is laying off 100 employees and cutting its top employees' pay by 5% to 30%. Company executives said Tuesday the restructuring was a response to an anticipated loss for its fourth quarter ended Sept. 30. The company warned last month that the loss was coming, but it did not anticipate layoffs then.
BUSINESS
January 16, 1997
Home builder Capital Pacific Holdings Inc. said Wednesday that profit and revenue surged in the third fiscal quarter as the company sold more homes. Net income for the three months ended Nov. 30 rose 71% to $940,000, or 6 cents per share, from $550,000, or 4 cents a share, a year ago. Revenue increased 49% to $50.2 million from $33.6 million. For the first nine months, the company earned $3.3 million, or 22 cents a share, up from $51,000 for the first nine months a year ago.
BUSINESS
January 30, 1996 | GREG MILLER
Advanced Logic Research Inc. expanded its line of entry-level computers Monday in what company officials said is an effort to build sales in low-price market segments. Advanced Logic added two new computer models--a full-size desktop and a mini-tower PC--to its Optima series, the company's most inexpensive line of computers. The company, based in Irvine, is best known as a maker of network servers and other more powerful PCs.
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