BUSINESS
April 13, 2001
The Garden Grove maker of electronic design and manufacturing systems posted a fourth-quarter loss of $669,000, or 3 cents a share, compared with a profit of $864,000, or 4 cents a share, a year earlier. Revenue for the three months ended Feb. 28 rose 22% to $8 million. For the fiscal year, the company earned $1.8 million, or 9 cents a share, down from $2.6 million, or 13 cents a share, the previous year. Revenue rose 30% to $35.8 million.
BUSINESS
November 28, 2000 | Dow Jones
Dense-Pac Microsystems Inc. said Monday it has sold its TypeHaus unit to the unit's management for cash and a secured note. Financial details were not disclosed. Dense-Pac said the unit, which provides printing services for laser printing, was acquired in 1997. Garden Grove-based Dense-Pac makes three-dimensional high-density semiconductor packaging products.
BUSINESS
August 10, 2000 | Bloomberg News
Dense-Pac Microsystems Inc. said its fiscal second-quarter profit will be hurt by a shortage of direct random-access memory chips, sending its shares down 30%. Garden Grove-based Dense-Pac builds condensed, high-power memory for computers by linking together semiconductors. Dense-Pac said its earnings for the quarter ending Aug. 31 will fall below the 7-cents-a-share forecast of Thomas Weisel Partners' Eric Gomberg, the only analyst who tracks the company's earnings. Dense-Pac shares fell $2.
BUSINESS
August 10, 2000 | From Bloomberg News
Shares of Dense-Pac Microsystems Inc. tumbled Wednesday after the Garden Grove builder of high-powered computer memory systems said its second-quarter results will be hurt by a shortage of some types of chips. The stock fell 30.3%, the third largest percentage loss in U.S. markets Wednesday, and has fallen 59% from its peak on July 21. Dense-Pac shares closed at $6.63, down $2.88, in Nasdaq trading. The company builds condensed, high-power memory for computers by linking semiconductors.
BUSINESS
July 26, 2000 | Bloomberg News
Dense-Pac Microsystems Inc. stock slumped Tuesday in heavy trading after an analyst downgraded the Garden Grove company's shares from "strong buy" to "buy." The shares fell 23%, or $3.50, to $11.94 in heavy trading on the Nasdaq market. Nearly 3 million shares changed hands, compared with average daily volume of 633,433 shares over the last three months. Despite the decline, the stock's value has increased fivefold over the last 12 months.
BUSINESS
June 16, 2000
Dense-Pac Microsystems Inc.: The Garden Grove designer of high-density computer memory packaging reported that net income for the first quarter ended May 31 rose to $1.2 million, or 6 cents a share, from $203,000, or 1 cent a share in the year-ago period. Revenue rose 83% to $11 million.