March 31, 1995 |
Cybernetics Products Inc., a maker of computer manufacturing equipment, Thursday announced employee layoffs from its main plant and the resignation of its president and chief executive officer, following three years of losses. Kirk A. Waldron, the company's chief financial officer, declined to specify the number layoffs at the Santa Ana plant, except to say that it would be a quarter of non-production employees there.
March 4, 1995
Cybernetics Products Inc., the Santa Ana manufacturer of drills and routers for electronic circuit boards, reported a loss from continuing operations for 1994. The company said it lost $298,000, or 6 cents a share, compared to a loss from continuing operations of $861,000, or 23 cents a share, for 1993. The 1993 figures included a onetime restructuring cost of $812,000. Revenue from continuing operations for 1994 rose 43% to $16.2 million from $11.3 million.