Comarco Inc.: The Anaheim-based computer products company...
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Comarco Inc.: The Anaheim-based computer products company reported a 40% gain in net profit for the third fiscal quarter, to $299,000 from $214,000 for the like period a year ago. Revenue for the quarter ended Oct. 22 declined 8%, to $18.5 million from $20 million. Net income for the first three quarters of fiscal 1990 totaled $1 million. During the prior year, the company earned $5.7 million, $4.8 million of which was due to an exchange of common stock for convertible debentures. Revenue dropped 7%, to $60.5 million from $65 million.
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