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.