Applied Data Communications: The Tustin manufacturer reported...

Applied Data Communications: The Tustin manufacturer reported a profit of $100,400 for its first fiscal 1990 quarter ended June 30, a 6% decline from the $107,200 posted for the like period last year. Revenue fell 20%, to $2.3 million from $2.9 million. Pat Kane, president of Applied Data, said quarterly results were reported late due to software problems with a new inventory package implemented in April. The company manufactures memory storage, testing and peripheral subsystems for the minicomputer industry.