Optical Radiation Corp.: The company said net...
From Times Staff and Wire Reports
Optical Radiation Corp.: The company said net income for fiscal 1990 totaled $7.3 million, up 64% from the year before. Sales rose 19% to $130.1 million. Profit was reduced by a $6.7-million charge related to an adverse decision in a patent litigation case. The Azusa-based company said the earnings rise reflected significant contributions from its consumer optical group and improved performance from its ophthalmic surgical products group.
