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Odetics Inc.’s net income for the third...

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Odetics Inc.’s net income for the third quarter ended Dec. 31 declined 15% to $131,000 from $155,000 for the like period a year ago. Revenue rose 15% to $14 million from $12.2 million. For the 9 months, the company posted net earnings of $764,000, a 16% increase from the $656,000 posted for the comparable period last year. Revenue reached a record $39.4 million, breaking the old record of $37.1 million set during for the like period last year. Odetics, headquartered in Anaheim, is a manufacturer of intelligent machines, including information systems for collecting both digital and analog data, as well as robotic and artificial intelligence systems.

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