Advertisement

Distributed Logic Corp., Anaheim, reported a loss...

Distributed Logic Corp., Anaheim, reported a loss of $175,863 for its third quarter ended July 31, contrasted with net income of $72,242 for the comparable period last year. Sales more than tripled to $12.9 million from $4 million. Don J. Elg, president, said that although pre-tax profit for the third quarter was $14,119, a provision for foreign taxes on overseas income resulted in a consolidated after-tax loss.


Advertisement
Advertisement