California Amplifier Posts 149% 3rd-Quarter Increase

California Amplifier said its profit rose 149% in the third quarter ended Nov. 30 to $237,000, or 6 cents a share, as sales climbed 19%, to $2.2 million.

Profit for the Camarillo company, which makes radar equipment and components for satellite-dish antennas, has been increased by extensive cost cutting in the last two years. For the nine months, California Amplifier's earnings rose 111%, to $42,000, or 12 cents a share, even though sales fell 7%, to $5.7 million.

For the Record Los Angeles Times Tuesday January 26, 1988 Valley Edition Business Part 4 Page 9D Column 4 Zones Desk 1 inches; 24 words Type of Material: Correction In a Jan. 19 article, California Amplifier's nine-month net income was misstated. For the nine months ended Nov. 30, the company earned $442,000 on sales of $5.7 million.
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