Terminal Data Earnings Rise 21% for 4th Quarter

Terminal Data earned $232,000, or 5 cents a share, in the fourth quarter ended Sept. 30, up 21% from $191,000, or 4 cents a share, a year earlier.

The Moorpark company, which makes equipment that converts documents to images for storage on disks and microfilm, said its sales rose 4% in the quarter to $6.7 million.

For the year, the company lost $1.7 million compared with a profit of $174,000, or 4 cents a share, a year earlier. Sales rose 8% to $27.3 million.

The loss for Terminal’s Data fiscal year was caused by the earlier relocation of the company’s headquarters from Woodland Hills to Moorpark, one-time expenses for a restructuring of its management and the sale and write-down of some assets.

For detailed data and results of other companies, please see tables, Page 13.