Scan-Tron Posts a 35.9% Rise in Quarterly Income

Tustin-based Scan-Tron reported net income of $1 million for the first quarter of its 1988 fiscal year, an upswing of 35.9% from $765,000 a year earlier. Sales for the quarter ended Sept. 30 were $7.7 million, up 14.6% from $6.7 million in last year’s first quarter.

Scan-Tron produces and markets optical mark reading equipment and related scannable forms for educational, commercial and health-care markets and government agencies.