January 28, 1992
Terminal Data Corp., a Moorpark supplier of document imaging products, said it narrowed its loss for the fiscal first quarter to $271,000 from $737,000 a year earlier. Sales nudged up 4% to $4.8 million from $4.6 million. Jeffrey A. Wilson, president and chief executive, attributed the reduced loss to higher profit margins on its core products, but sales of micrographics systems used in government and other large-scale applications fell due to the recession and delays in government purchasing.
August 10, 1993
Terminal Data Corp., a Moorpark maker of scanners and document-imaging equipment, said it earned a $40,000 fiscal third-quarter profit contrasted with a year-earlier loss of $251,000. In the three months ended June 30, Terminal Data's revenue rose 9%, to $5.6 million from $5.1 million. For the first nine months of fiscal 1993, the company posted a loss of $870,000 contrasted with a loss of $709,000 a year earlier. Revenue fell 5%, to $14.9 million contrasted with $15.7 million a year earlier.
August 6, 1991
Terminal Data Corp. in Moorpark reported its net loss widened to $916,000 in the fiscal third quarter ended June 30, while revenues fell 17% to $4.9 million. The maker of document imaging machines had previously said it expected to report a loss for the quarter because of delays in procurement on a defense project and the continuing sluggish economy. A year earlier, Terminal Data lost $269,000 on $5.93 million in revenues. For the nine months ended June 30, Terminal Data reported a loss of $1.
December 7, 1993
Terminal Data Corp., a Moorpark supplier of document-imaging products and services, reported losses for its fiscal fourth quarter and year ended Sept. 30. The company attributed the losses to a $1.28-million charge recorded in the fourth quarter for unused leased space at its Moorpark facility. It also added $694,000 to its reserves for potential excess and obsolete inventory. Terminal Data's fourth-quarter loss was $2.4 million, in contrast with a year-earlier profit of $177,000.
August 18, 1992 |
Terminal Data Corp. of Moorpark has received a $2.9-million order from NCR Corp. for ScannerMate Recorder microfilming systems. ScannerMate is a key element in NCR's financial transaction processing systems. The Moorpark company's microfilmers are widely used by banks, credit card companies, utilities and others needing to store large amounts of computerized financial data. TDC said the order is the largest ever placed by NCR since it began using ScannerMate 15 years ago.
October 13, 1992 |
Terminal Data Corp. of Moorpark said its new DocuScan 2610W scanner has been chosen as a compatible unit in International Business Machines' Image and Records Management System. The scanner, which was introduced in June, can "capture" up to 50 double-sided pages of data per minute, Terminal Data said. The data can then be stored and used in such procedures as check printing and letter writing. "We consider this a major marketing breakthrough," said Terminal Data spokeswoman Marian Klein.
November 2, 1993
Terminal Data Corp., a Moorpark supplier of document-imaging systems, has agreed to be acquired by a Texas company for about $23.5 million in cash. BancTec Inc. of Dallas, a provider of electronic and document-based financial transaction processing systems, will pay $3.375 each for Terminal Data's outstanding shares along with the company's bonds and outstanding stock options. Other bonds will also be redeemed for cash.
November 24, 1992
Terminal Data Corp., a Moorpark supplier of document imaging products and services, reported a 65% increase in profit during its fiscal fourth quarter ended Sept. 30, to $173,000 from $105,000 a year earlier. The profit came despite a 13% drop in revenue, to $5.1 million from $5.35 million a year earlier. For the 12 months ended Sept. 30, Terminal Data showed a loss of $532,000 on sales of $20.8 million, compared with a loss of $1.8 million on revenue of $21.