Incomnet Rebounds in Quarter With Earnings of $235,335
Incomnet, a Westlake Village operator of computer networks, said it earned $235,335 in the fourth quarter to rebound from a year-earlier loss of $504,611. The turnaround came on a slight decline in revenue, to $388,315 from $391,595.
For all of 1988, Incomnet reported a loss of $41,687, compared with a $1.92-million loss in 1987.
The firm’s annual revenue rose to $1.6 million from $1.45 million.