August 23, 1996
I/O Magic Corp., a developer of multimedia and communications products, narrowed its losses in the second quarter on record revenue. The company posted a net loss of $24,100, compared with a net loss of $127,800 a year ago. Revenue rose to $1.2 million from $117,800. For the first half, the company lost $220,200, compared with a loss of $245,600 for the same period in 1995. Revenue rose to $1.4 million from $182,500.
April 23, 1999
I/OMagic Corp.: The Irvine developer and marketer of peripheral personal computer products posted a profit of $93,607 for the first quarter, contrasted with a loss of $34,640 for the same period in 1998. Sales rose to a record $6 million from $2.5 million.
August 29, 1996
I/OMagic Corp. said an original equipment manufacturer has agreed to purchase about 200,000 internal telephonic modem cards in a deal worth about $6.7 million. I/O did not disclose the name of the company. I/OMagic said the cards are designed to allow data and voice transmissions over a single line. I/OMagic develops and markets PC card and desktop card multimedia and communications products.
February 8, 2000
I/OMagic Corp., Irvine developer and marketer of peripheral personal computer products, posted a profit of $972,563, or 3 cents a share, for the fourth quarter, contrasted with a net loss of $327,358, or 2 cents a share, for the same period in 1998. Sales rose to a record $19.4 million from $5.3 million.
June 10, 1998 |
I/OMagic Corp. said Tuesday it has hired Meridian Capital Group Inc., a Newport Beach investment banking firm, to develop a strategy for the company to meet requirements to be listed on the Nasdaq SmallCap market. The stock currently trades over the counter. Financial terms weren't disclosed. Irvine-based I/OMagic develops and makes multimedia and communication peripheral products.
September 28, 2000 |
Digital cameras are getting so good, so fast that it is almost not worth buying one. Every six months or so, some camera company comes out with a new generation of cheaper, sharper camera, which usually blows the previous generation out of the water. Nowhere is this more true than in the under-$150 category, which barely existed a year ago. Back then, there were cameras such as the Nick Click or the Barbie Photo Designer, but they were really just children's toys.