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Eltron International

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BUSINESS
March 11, 1997 | BARBARA MURPHY
Eltron International in Simi Valley announced that it has expanded its Singapore office, more than tripling the size of its facilities to better serve its growing number of resellers in Asia. Eltron now offers full technical support and expanded hours of operation and availability in Asia, company officials said. "We are committed to serving the needs of this important and emerging market for bar-code technology," said Donald K. Skinner, Eltron chairman and chief executive.
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BUSINESS
June 30, 1998 | BARBARA MURPHY
Eltron International in Simi Valley, a designer and manufacturer of thermal label and plastic card printers, has been ranked No. 78 on the BusinessWeek list of "The 100 Best Small Corporations." To receive recognition on this list, a company is ranked according to its three-year results in sales growth, earnings growth and return on invested capital. Companies on the list have annual sales of $10 million to $150 million, a market value greater than $1 million and a stock price greater than $2.
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BUSINESS
March 4, 1997 | BARBARA MURPHY
Eltron International Inc. in Simi Valley announced record fourth-quarter and annual results for the year ended Dec. 31. Fourth-quarter sales increased 36% to $22.7 million from $16.7 million for the same period last year. Profits, before non-recurring charges totaling $300,000, would have been $2.6 million, or 34 cents per share. These earnings were diluted to net income of $2.
BUSINESS
May 12, 1998
Eltron International Inc. in Simi Valley announced first-quarter net income of $3.3 million on sales of $30.7 million. The profit, which was up 28% to 43 cents per diluted share, compares with $2.6 million, or 34 cents, on sales of $23.2 million in the first quarter of 1997. "Compared to the 1997 first quarter, revenue increased in each of our major business groups," said Donald K. Skinner, chairman and chief executive officer.
BUSINESS
May 28, 1996 | BARBARA MURPHY
Eltron International said first-quarter sales nearly doubled to $19 million from $11.8 million for the same period last year. Profits, prior to nonrecurring charges totaling $3.2 million, would have been $2.5 million, or 32 cents per share. These earnings were reversed--to a loss of $700,000 or 10 cents per share--by charges related to the acquisition of RJS Inc. and Privilege S.A. during the quarter.
BUSINESS
June 30, 1998 | BARBARA MURPHY
Eltron International in Simi Valley, a designer and manufacturer of thermal label and plastic card printers, has been ranked No. 78 on the BusinessWeek list of "The 100 Best Small Corporations." To receive recognition on this list, a company is ranked according to its three-year results in sales growth, earnings growth and return on invested capital. Companies on the list have annual sales of $10 million to $150 million, a market value greater than $1 million and a stock price greater than $2.
BUSINESS
May 6, 1997
Eltron International posted a $2.6-million profit in its first quarter. The Simi Valley-based company reported a $743,000 loss for the same period in 1996. Last year's loss was partially due to the write-off of technology and other expenses related to the acquisitions of Privilege S.A. and FJS Inc., which totaled $3.2 million, the company said.
BUSINESS
October 28, 1997 | BARBARA MURPHY
Eltron International in Simi Valley announced that third-quarter net income was up 31% over last year. Sales for the quarter ended Sept. 30 rose to $25.6 million from $24 million for the same period last year. Net income was $3.5 million, up from $2.7 million during the third quarter of 1996. Earnings per share increased 29% to 44 cents per share, from 34 cents during the third quarter of 1996.
BUSINESS
May 13, 1997 | BARBARA MURPHY
Eltron International Inc. announced a first-quarter profit of $2.6 million, or 34 cents per share, which reversed a $700,000 loss during the same quarter of 1996. Company revenue climbed to $23.2 million for the three months ended March 31, compared with $19 million in sales for the same period in the previous year. During 1996's first quarter, earnings were diluted by the write-off of $3.2 million in expenses related to acquisitions of Privilege S.A. and RJS Inc.
BUSINESS
October 10, 1995
Eltron International Inc., a Simi Valley maker of label printers, said it has acquired Donner Media Inc., an Appleton, Wis.-based manufacturer of thermal labels, for $1.3 million. Donner's 1995 revenues are expected to be about $2 million. Donner will continue operating under the same name and management. Eltron said although the acquisition is not expected to have a significant impact on earnings, it will allow Eltron to better serve customers in the long run.
BUSINESS
April 7, 1998
The board of directors for Eltron International in Simi Valley has adopted a shareholder-rights plan in which preferred stock purchase rights will be distributed as a dividend in the event of a takeover attempt. Donald Skinner, Eltron chairman and chief executive officer, said the move was "designed to ensure that all of Eltron's shareholders receive fair and equal treatment in the event of any proposed takeover of the company."
BUSINESS
March 3, 1998 | BARBARA MURPHY
Eltron International in Simi Valley reported record results for 1997, due principally to increased sales of thermal label printers and plastic card printers to new and existing customers worldwide. However, the company's stock fell sharply after the report was issued because fourth-quarter results were far below analysts' expectations. For the year, revenues increased 19% to a record $105 million from $88.5 million a year earlier, exceeding $100 million for the first time in Eltron's history.
BUSINESS
January 20, 1998 | BARBARA MURPHY
Eltron International in Simi Valley, which designs and manufactures thermal label and plastic card printers, has named Holly Sacks as vice president of marketing. Sacks will oversee the company's worldwide marketing activities for all product lines. She will report to Patrice Foliard, Eltron's senior vice president of sales and marketing.
BUSINESS
December 16, 1997 | BARBARA MURPHY
Eltron International Inc. in Simi Valley, which designs and manufactures thermal label and plastic card printers, has selected Roger Hay as vice president for finance and chief financial officer. Hay succeeds Daniel C. Toomey Jr., who has accepted a position with a local venture capital firm. Hay, 48, is working at the company part time until Jan. 5, when he will begin full-time service.
BUSINESS
October 28, 1997 | BARBARA MURPHY
Eltron International in Simi Valley announced that third-quarter net income was up 31% over last year. Sales for the quarter ended Sept. 30 rose to $25.6 million from $24 million for the same period last year. Net income was $3.5 million, up from $2.7 million during the third quarter of 1996. Earnings per share increased 29% to 44 cents per share, from 34 cents during the third quarter of 1996.
BUSINESS
May 13, 1997 | BARBARA MURPHY
Eltron International Inc. announced a first-quarter profit of $2.6 million, or 34 cents per share, which reversed a $700,000 loss during the same quarter of 1996. Company revenue climbed to $23.2 million for the three months ended March 31, compared with $19 million in sales for the same period in the previous year. During 1996's first quarter, earnings were diluted by the write-off of $3.2 million in expenses related to acquisitions of Privilege S.A. and RJS Inc.
BUSINESS
January 20, 1998 | BARBARA MURPHY
Eltron International in Simi Valley, which designs and manufactures thermal label and plastic card printers, has named Holly Sacks as vice president of marketing. Sacks will oversee the company's worldwide marketing activities for all product lines. She will report to Patrice Foliard, Eltron's senior vice president of sales and marketing.
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