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Wyle Laboratories

BUSINESS
July 26, 1994
Wyle Laboratories, an Irvine electronic products marketer, reported second-quarter profit of $4.3 million, or 35 cents a share, up 54% from earnings of $2.8 million, or 23 cents a share, for the same period last year. Second-quarter sales rose 42% to $209.1 million from $147.6 million. Profit for the first half was $7.1 million, or 57 cents a share. That compared to earnings a year earlier of $4.1 million, or 34 cents a share, which included a one-time, charge of $3.
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BUSINESS
February 4, 1994
Wyle Laboratories went shopping for money to support last summer's major expansion efforts and walked away Thursday with a $50-million line of credit from four banks. Wyle, one of the nation's larger marketers and distributors of high-technology electronic products, will use the money for working capital until 10 locations it opened last June in the Midwest and the East reach the break-even point, said Van Holland, the company's chief financial officer.
BUSINESS
November 23, 1993
Wyle Laboratories, the Irvine electronics distribution company, reported a third-quarter profit of $2.8 million, or 23 cents a share. That was down 22% from earnings of $3.6 million, or 35 cents a share, for the same period a year earlier. The company said the 1993 profit was affected by start-up costs for 10 new facilities. Sales for the quarter ended Oct. 31 rose 10% to $160.8 million from $146.4 million.
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