High-Tech Financing Firm Reports Increases

Amplicon Inc., the Santa Ana high-technology equipment financing and leasing company, posted third-quarter earnings of $1.5 million, up 7% from the $1.4 million recorded for the like quarter a year ago. Revenue for the quarter ended March 31 rose 10% to $42.7 million from $38.7 million. For the nine-month period, net income totaled $3.9 million, 3% higher than the $3.8 million reported for the year-earlier period. Revenue increased 2% to $111.6 million from $109.9 million.