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Datametrics Corp

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BUSINESS
May 14, 1991
Datametrics Corp., a Chatsworth company that makes printers and other computer products for the aerospace, defense and industrial markets, reported increased profits for the latest quarter and six-month period, despite lower revenues. For the second quarter that ended April 28, Datametrics earned $191,000, up 4% from $183,000 in net income a year earlier. Revenues declined 36% to $4.8 million from $7.4 million.
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BUSINESS
May 20, 1997
Datametrics Corp. mounted a profit turnaround in its first quarter as its revenues grew 32%. The Woodland-Hills based technology company posted net income of $79,000 in the first quarter ended April 27, compared to a loss of $3.1 million a year ago. Revenues in the latest quarter rose 32% to $6.2 million from $4.7 million a year earlier. The company said the growth was due to sales of defense and industrial printers, workstations, and related products and services.
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BUSINESS
March 5, 1996
Datametrics Corp., a Woodland Hills supplier of high-speed printers and other computer-related products, saw its losses widen in its fiscal first quarter. In the three months ended Jan. 28, the company lost $2.27 million, compared to a year-earlier loss of $1.58 million. Its sales rose 6%, to $3.65 million from $3.45 million. Datametrics said its financial results were hurt by the increased costs of developing and marketing a new printer.
BUSINESS
February 11, 1997
Datametrics Corp., a struggling Woodland Hills maker of color printers, said it has received a $1.6-million contract from Digital Equipment France, which is building systems for the NATO Hawk program.
BUSINESS
August 13, 1991
Datametrics Corp., a Chatsworth manufacturer of printers and other equipment for the military, reported that its profit jumped to $255,000 in the fiscal third quarter that ended July 28 from $47,000 a year earlier, despite a 20% decline in revenues. Datametrics' revenues totaled $5.2 million for the most recent quarter, contrasted with $6.5 million in the third quarter of fiscal 1990. For the nine months that ended July 28, Datametrics earned $619,000, up 68% from $368,000 a year before.
BUSINESS
September 14, 1993
Datametrics Corp., a Chatsworth maker of computer peripherals and communications products, said its fiscal third-quarter net income fell 78% on slightly lower revenues because of expenses related to its color-printer business. In the three months that ended Aug. 1, Datametrics' profit sank to $79,000 from $367,000 a year earlier. Revenue for the period dipped slightly, to $5.5 million compared with $5.8 million in the company's fiscal third quarter last year, which ended July 26, 1992.
BUSINESS
February 4, 1997
Datametrics Corp., the struggling Woodland Hills printer maker, posted a massive loss in its fourth quarter. Datametrics posted a net loss of $9.2 million on revenues of $5 million for the fourth quarter that ended Oct. 27. In the same period a year ago, the company had a $3 million loss on revenues of $6.8 million. For the full fiscal year, Datametrics suffered a net loss of $17.4 million, compared to a loss of $9.2 million a year earlier. Revenues in the latest fiscal year climbed 2% to $19.
BUSINESS
February 11, 1997
Datametrics Corp., a struggling Woodland Hills maker of color printers, said it has received a $1.6-million contract from Digital Equipment France, which is building systems for the NATO Hawk program.
BUSINESS
March 8, 1994
Datametrics Corp., a Chatsworth maker of printers and other computer products, said it lost $242,000 in its fiscal first quarter that ended Jan. 30 because of problems related to the Northridge earthquake. Sidney E. Wing, Datametrics' president and chief executive, said the company's results suffered because it lost potential sales after the earthquake disrupted its operations. A year earlier, the company earned $1.19 million, which included a onetime tax benefit of $938,000.
BUSINESS
March 16, 1993
Datametrics Corp., a Chatsworth maker of printers and plotters for the military and industrial markets, reported an 11% increase in its fiscal first-quarter earnings. In the three months ended Jan. 31, Datametrics earned $256,000, up from $230,000 a year before. Its revenue edged up to $5.32 million from $5.16 million. The company attributed the higher earnings to its continued cost-cutting and focus on more profitable products.
BUSINESS
February 4, 1997
Datametrics Corp., the struggling Woodland Hills printer maker, posted a massive loss in its fourth quarter. Datametrics posted a net loss of $9.2 million on revenues of $5 million for the fourth quarter that ended Oct. 27. In the same period a year ago, the company had a $3 million loss on revenues of $6.8 million. For the full fiscal year, Datametrics suffered a net loss of $17.4 million, compared to a loss of $9.2 million a year earlier. Revenues in the latest fiscal year climbed 2% to $19.
BUSINESS
November 5, 1996
The revolving door in the executive suite continues at Datametrics Corp., the long-struggling Woodland Hills-based computer printer concern. The company announced that several of its senior managers have resigned, including Sidney Wing, chief executive; John Van Buren, chief financial officer; Gerald Horwitz, senior vice president, administration, and Carl Stella, senior vice president, manufacturing. Datametrics also said that it would lay off 35 of its 151 employees.
BUSINESS
September 3, 1996
Datametrics Corp., a Woodland Hills maker of high-speed computer printers and other computer products, reported wider losses in its fiscal third quarter as well as the past nine months. In the three months ended July 28, Datametrics lost $2.83 million, compared to a $2.17-million loss a year earlier. It registered the bigger loss despite its quarterly revenue rising 24%, to $5.93 million from $4.79 million.
BUSINESS
March 5, 1996
Datametrics Corp., a Woodland Hills supplier of high-speed printers and other computer-related products, saw its losses widen in its fiscal first quarter. In the three months ended Jan. 28, the company lost $2.27 million, compared to a year-earlier loss of $1.58 million. Its sales rose 6%, to $3.65 million from $3.45 million. Datametrics said its financial results were hurt by the increased costs of developing and marketing a new printer.
BUSINESS
March 28, 1995
Datametrics Corp., a Woodland Hills-based manufacturer of advanced computer printers, said it has signed a multiyear distribution agreement with A B Dick Co., an Illinois-based company that supplies equipment to the graphic arts industry. Under the agreement, Datametrics' printers will be distributed worldwide under the label of the A B Dick Co., which has 44 sales offices in the United States and representatives in more than 80 other countries.
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