Wyle Laboratories: The electronic component and systems...
From Times Staff and Wire Reports
Wyle Laboratories: The electronic component and systems distributor’s 1989 net income fell 4% from a year ago to $7.5 million. Sales totaled a record $416 million, up slightly. Fourth quarter profit soared 77% to $2.7 million on sales of $106 million, a gain of 9%. The El Segundo firm attributed the quarterly results to higher sales and profits at its electronics marketing group and a lower effective tax rate.
