Distributed Logic Reports Net Loss of $100,971 in Second Quarter

By MARIA L. La GANGA

June 11, 1987 12 AM PT

Distributed Logic Corp., an Anaheim-based manufacturer of computer peripherals, reported a fiscal 1987 second-quarter net loss of $100,971, contrasted with net earnings of $360,954 for the same period the previous year. Revenues for the quarter ended April 30 were $3.4 million, down 13% from the $3.9 million reported a year earlier.

The company reported a net loss of $332,227 for the first half of fiscal 1987, contrasted with net earnings of $702,684 for the first six months of its fiscal 1986. Revenues for the six months of $6.2 million were down 18% from $7.6 million in the same period the previous year.

Don J. Elg, Distributed Logic’s treasurer and chief operating officer, attributed the loss to the costs of an “aggressive engineering effort” in developing a new product line. “We were spending twice as much on development as usual,” Elg said. “We believe that’s largely behind us now. . . . Margins are starting to improve.”

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Maria L. La Ganga

Maria L. La Ganga is the deputy managing editor for California and Metro, overseeing the Los Angeles Times’ largest editorial department. She joined The Times in 1981 as an academic intern, splitting her time between the former Metro section and National Dragster, the official publication of the National Hot Rod Assn. She has served as Seattle bureau chief, San Francisco bureau chief, edited in the Business section and pitched in on six presidential elections, five for The Times and one for the Guardian. La Ganga left The Times in 2015 and returned in 2018 after a brief hiatus during which she wrote for the Guardian and the Idaho Statesman. She was named city editor in 2022 and promoted to her current role in 2024. La Ganga graduated from Granada Hills High School in the San Fernando Valley and Cal State Northridge, where she studied English literature and journalism.

Distributed Logic Reports Net Loss of $100,971 in Second Quarter

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