Dynatem Reports Quarterly Profit: Dynatem Inc., the...
From Times Staff and Wire Reports
Dynatem Reports Quarterly Profit: Dynatem Inc., the Irvine-based computer company, reported net income for the second quarter ended Nov. 30 of $3,658, contrasted with a loss of $40,705 for the like period last year. Revenue declined 3%, to $377,215 from $387,760. For the first half of the year, income totaled $18,898, contrasted with a year-earlier loss of $74,567. Revenue dropped 6%, to $732,304 from $780,004. The company said the results reflected lower operating expenses as a result of a cost-reduction program.
