August 30, 1994
Datametrics Corp., the Woodland Hills maker of computer printers, said its earnings for the third fiscal quarter that ended July 31 were $27,000, down 66% from $79,000 in the same period a year earlier. Revenues for the quarter were up 7% to $5.9 million, from $5.5 million in the same period last year. For the nine months, the company reported a loss of $186,000 compared with earnings of $1.4 million last year. The loss was on a 12% increase in revenue to $18.2 million, from $16.
March 19, 1991
Datametrics Corp., a Chatsworth company specializing in rugged printers, plotters and keyboards for the military, said it signed contracts with two companies totaling $1.2 million that reflect its diversification into the commercial marketplace. It declined to name the two companies.
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.
February 14, 1989
Datametrics Corp. said it received a $2.1-million contract to supply 450 keyboards to the Federal Aviation Administration to improve air traffic control. The Chatsworth company, which makes computer products used in aerospace and defense, said the first keyboards will be shipped in July.
March 2, 1993
A well-known Boston investment firm has purchased a 5.4% stake in Datametrics Corp., a Chatsworth maker of printers, plotters and other computer equipment for the aerospace, airline and other industrial markets. Datametrics said that Fidelity Management and Research of Boston revealed in a Securities and Exchange Commission filing that it purchased the 257,300 shares of Datametrics common stock for its Fidelity Low-Priced Stock Fund.
August 6, 1991
Datametrics Corp., a Chatsworth-based company that makes printers and other equipment for the military, said it has won two contract awards worth a total of $3.8 million for a U.S. Air Force program. The two contracts, from defense concerns Raytheon Co. and Rockwell International, are for the production of high-speed printers for initial production of the MILSTAR navigation program.
September 21, 1993
Datametrics Corp., a Chatsworth supplier of printers and other products for computers, said it sold and converted to common stock all of the preferred stock holdings from venture capitalists who provided financing in 1986. Datametrics said the elimination of the original 2.2 million Series A preferred shares will help the company by removing restrictive covenants and dividend obligations that came with those shares.
June 9, 1992
Datametrics Corp., a Chatsworth maker of printers and other computer equipment for aerospace, military and industrial markets, said it has received two contracts valued at $2.8 million to provide printers and keyboards for the U.S. Air Force. Datametrics was selected by Loral Aerospace Corp. in Colorado Springs, Colo. The contracts call for Datametrics to deliver the printers and keyboards beginning in 1993. The company said it expected additional follow-on orders.