August 13, 1996
Perceptronics Inc. posted a narrow profit on a 2% decline in revenues for its fiscal year that ended March 31. The struggling Woodland Hills maker of computer-based simulation systems and software for military and commercial markets posted a profit of $81,235, compared to an $11,077 profit a year ago. Revenues in the latest fiscal year were $5.99 million, down from $6.13 million in 1995.
April 23, 1996
Perceptronics Inc., a Woodland Hills maker of computer-based simulation systems and software for commercial and military training, said it received a $100,000 research grant from the National Institutes of Health. The grant is to help the company demonstrate the feasibility of using computer pattern recognition technology to screen and detect diabetic eye disease.
April 16, 1996
Perceptronics posted a small profit in its third quarter that ended Dec. 31 after a loss in the same period a year earlier. In the latest quarter, Perceptronics posted net income of $54,370, compared with a loss of $73,692 in last year's third quarter. Revenues in the latest quarter rose 33% to $1.98 million, up from $1.49 million. For the nine-month period, Perceptronics, based in Woodland Hills, saw its net income climb to $99,528, versus a loss of $21,886 a year ago.
January 23, 1996
Perceptronics Inc., a Woodland Hills maker of computer simulation systems and software for commercial and military training, reported $25,131 profit on a 7% gain in revenue to $1.67 million in its fiscal second quarter ended Sept. 30. A year before, Perceptronics' net income was $12,399 on revenue of $1.56 million. Perceptronics' six-month profit was $45,158, down 13% from $51,806 in earnings a year earlier. Its half-year revenue fell 9%, to $3.09 million from $3.39 million.
October 24, 1995
Perceptronics Inc. reported a 50% drop in its profits while its revenues fell 23% in the first quarter that ended June 30. The Woodland Hills-based maker of computer and software simulation programs used in commercial and military training posted a slight profit of $19,827 on revenues of $1.4 million in its latest quarter. In the first quarter a year ago, the company posted a profit of $39,407 on revenues of $1.8 million.
October 17, 1995
Perceptronics Inc., a Woodland Hills maker of computer simulation systems for commercial and military training, has been awarded contracts valued at more than $700,000. The company said it is part of a team that will provide three truck-driving simulators and development and support services to the U.S. Department of Energy. Perceptronics' portion of the contract is worth about $400,000. It also received a $357,000 addition to its existing contract with Egypt to deliver gunnery trainers.
September 19, 1995
Perceptronics Inc. made its first deliveries of a $2.7-million, gunnery-training simulation system contract to the Egyptian government. The Woodland Hills company has been a longtime supplier of simulator training systems to the U.S. Department of Defense. Perceptronics expects to complete remaining deliveries of its Egyptian contract over the next four months.
July 4, 1995
Perceptronics Inc., a Woodland Hills maker of computer-based simulation systems, reported a sharp drop in profits for the fourth quarter ending March 31, and for its fiscal year. The company reported that profits for the quarter declined 98% to $32,963 from $1.35 million during the same period a year earlier. Sales for the quarter declined 29% to $1.26 million, from $1.77 million during the fourth quarter of 1994.
June 13, 1995
Perceptronics Inc., a Woodland Hills maker of computer-based simulation systems, said it is part of a team of companies awarded one of three contracts by the U.S. Army to develop a new computer system to be used for commander training exercises. The company declined to disclose the value of the contract.
February 21, 1995
Perceptronics Inc., a Woodland Hills-based manufacturer of computer-based simulation systems for commercial and military training, reported a loss of $73,693 for the third fiscal quarter that ended Dec. 31. The third-quarter loss compared to a profit of $749,724 in the same three-month period a year ago, although that profit reflected an extraordinary gain of $1.37 million related to the reduction of long-term debt. Revenues for the latest third quarter were $1.