July 11, 1986
Despite the continuing sluggishness of the computer industry, Silicon Systems Inc. reported net earnings of $556,000 for the third quarter of its fiscal 1986, more than twice the $261,000 reported a year ago. The Tustin-based semiconductor maker said record revenues of $19.7 million helped fuel the rebound for the three-month period ended June 28. Revenues were $11.1 million in the year-ago quarter. Owing to first-quarter losses of $2.4 million, Silicon Systems posted a $1.
November 14, 1986
Despite record revenues in the fourth quarter and a $1.7-million tax credit, Silicon Systems Inc.'s annual net income for the fiscal year ended Sept. 27 shrunk to $87,000 from $3 million in the last fiscal year. Annual revenues rose 22% to $66.8 million from $54.6 million last year. The Tustin semiconductor maker posted a $1.8-million net income for the fourth quarter, nearly six times the $338,000 it earned in last year's final quarter.
January 18, 1987
Silicon Systems Inc., a Tustin semiconductor manufacturer, posted fiscal 1987 first-quarter earnings of $302,000, compared with a net loss of $2.4 million for the year-earlier period. Revenue for the first quarter ended Dec. 27 was $17.4 million, a 54% increase from $11.3 million for the year-ago quarter.
April 14, 1989
Silicon Systems Inc., a Tustin-based firm that this week agreed to be acquired by TDK Corp., reported that net income for the second quarter ended April 1 declined 47%, to $1.5 million from the $2.8 million in the year-earlier quarter. Revenue rose 9%, to $30.7 million from $28.1 million. For the 6 months, net income dropped 30%, to $4 million from $5.2 million for the comparable period a year ago. Revenue totaled $60.8 million, up 13% from the $53.8 million reported for the first half of fiscal 1988.
May 5, 1985
Marvel Productions, Van Nuys, named Ralph Rivera vice president-finance and administration. David Kirkpatrick was named executive vice president-production for Paramount Pictures' motion picture group, Los Angeles. Walt Disney Pictures named Gary Kalkin vice president-publicity for the motion picture division. Sally K. Wilson has been named vice president of the public relations firm Doremus/Los Angeles. Roger Armstrong has been appointed a vice president at ICPR Public Relations, Los Angeles.
November 4, 1993
Mattel Inc. said Wednesday that James Eskridge, currently executive vice president and chief financial officer of the El Segundo-based toy maker, would become president of Fisher-Price upon completion of a proposed merger. In August, Mattel said it had agreed to buy Fisher-Price, maker of preschool and infant toys and juvenile products, in a stock-swap merger valued at $1.1 billion. The merger is expected to be completed by the end of the month.
October 24, 1995 |
Platinum Software Corp., a troubled publisher of accounting software, reported a hefty quarterly loss Monday and announced plans to lay off 100 to 125 workers, mostly in the company's beleaguered sales force. Platinum posted a loss of $4.48 million in its first fiscal quarter, ended Sept. 30, compared to a profit of $51,000 in the corresponding three-month period a year earlier. Sales fell 14%, to $12.6 million from $14.6 million, in the quarter.
August 24, 1990 |
Building on a relationship started in Tokyo last spring, top executives representing 20 U.S. and Asian technology companies gathered here Thursday to begin a two-day conference on how foreign companies can enter the lucrative Japanese market more easily.