November 4, 1997
Pollution Research and Control Corp. posted a net loss of $483,000 for its third quarter, compared with net income of $452,000 a year earlier. The Glendale-based manufacturer of air pollution measurement instruments reported sales for the three months ended Sept. 30 of $1.2 million, down 59% from $2.9 million in 1996. For the nine months, Pollution Research posted a net loss of $1.1 million, compared with net income of $933,000 in 1996, and sales of $5.7 million, down 11% from $6.4 million.
July 9, 1996
Pollution Research and Control Corp., a Glendale maker of pollution detection devices, said a recently acquired subsidiary is about to apply to the U.S. Food and Drug Administration for approval for a new medical product. The product, developed by the firm's Logan Medical Devices subsidiary, tests patients for asthma. A spokesman for the company said the device relies on proprietary technology to test for nitric oxide, a chemical present in higher amounts in the breath of asthmatics.
April 9, 1996
Pollution Research and Control Corp., a Glendale maker of air pollution monitoring devices, reported that its first-quarter profit nearly doubled due to a favorable product-mix strategy it adopted at the beginning of the year. In the three months ended March 31, Pollution Research earned $259,000, while its sales rose 11% to $1.63 million. A year earlier, it had $135,000 in net income on sales of $1.47 million.
February 27, 1996
Pollution Research and Control Corp., a Glendale maker of air pollution monitoring devices, reported a $670,000 fourth-quarter loss. The company said it had a decrease in shipments during the quarter because of low working capital. It also cited investment and litigation losses, and growing competitive price pressures as reasons for the loss. A year earlier, the company earned $133,000. Its fourth-quarter sales fell 16%, to $1.24 million from $1.48 million.
June 20, 1995
Pollution Research and Control Corp., a Glendale maker of air-pollution measurement devices, said it will offer up to 3,223,497 shares of common stock to the public from time to time over the coming years. The shares will be offered by holders of outstanding options and warrants who choose to exercise them by their expiration dates, which range from Nov. 30 of this year to May 28, 2001. The company said in a press release it has the potential of getting as much as $5.
December 27, 1994
Pollution Research and Control Corp., a Glendale-based maker of pollution measurement instruments, said it has received orders totaling $150,000 from companies in the United Kingdom and Canada. The company said the orders are for instruments and components used to evaluate the condition of asthma patients, and for devices used by fruit and vegetable growers to monitor ozone levels.