December 20, 1994
Datametrics Corp., a Woodland Hills maker of computer printers and plotters for military and commercial markets, reported a $217,000 profit for its fiscal fourth quarter that ended Oct. 30. A year earlier, Datametrics earned $44,000. The profit in the latest quarter gain came on a 10% decline in sales, to $6.97 million from $7.78 million. Datametrics' fiscal 1994 profit, however, plunged to $31,000 from $1.48 million in the prior year. Its annual sales rose 5%, to $25.2 million from $24 million.
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.
June 21, 1994 |
Much has changed at Datametrics Corp. since the ailing defense contractor began plotting its entry into civilian markets. Even the office layout has been shifted. Now managers working on new commercial projects are in a separate building from their defense counterparts. For three decades, Datametrics made its name making $60,000 printers that could churn out flawless color prints of battle maps on tanks and battleships.
May 31, 1994
Datametrics Corp., the Chatsworth provider of computer equipment, said it has signed an agreement with Cray Research Inc. of Minnesota to produce a supercomputer system designed to withstand harsh conditions such as those found on a ship, submarine or airplane. Under the two-year agreement, Cray will manufacture central processing units and components for high-powered computers worth about $250,000 each, and sell them to Rugged Digital Systems, a business unit of Datametrics.
February 15, 1994
Datametrics Corp., a Chatsworth maker of computer printers and communications products, said it expects to post a net loss for its fiscal first quarter because of problems related to last month's Northridge earthquake. In the three months ended Jan. 31 last year, Datametrics earned a profit of $300,000 on revenue of $5.3 million. The company said the loss it anticipates for the most recent quarter is largely due to unrealized sales because the Jan.
December 28, 1993
Datametrics Corp., a Chatsworth maker of computer printers and communications products, said it filed a registration statement with the Securities and Exchange Commission covering a proposed public offering of 2 million shares of common stock, which recently has been trading at about $3 a share. All of the shares are being sold by the company, and the offering is expected to take place in February.
October 5, 1993
Datametrics Corp., a Chatsworth maker of computer peripherals and communications products, said it signed an agreement valued at more than $11 million with Azon Corp. to produce custom high-speed color printers for Azon that generate license plates and street signs. Datametrics said it expects to produce the first prototype in next year's first quarter and deliver the printers to Azon over a three-year period. The agreement gives Azon, a private Johnson City, N. Y.
September 28, 1993
Chatsworth-based Datametrics Corp., formerly a supplier of computer peripherals and communications products to the defense industry, hopes to tap the burgeoning office-network market with its new, high-speed color printer. Datametrics' President Sidney Wing said the company is seeking one or more partners to help launch the printer that prints a page in three seconds, compared with the two to three minutes it takes existing printers.