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Datum Inc.: The Anaheim manufacturer of frequency...

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Datum Inc.: The Anaheim manufacturer of frequency products and timing instrumentation incurred a net loss of $1 million for 1990, contrasted with the prior year’s net income of $1.4 million. Annual sales were down 27%, to $29.3 million from nearly $40 million. The net loss for the fourth quarter was $363,000, while net income totaled $370,000 for the 1989 period. Sales declined 28%, to $7.1 million from $9.8 million. The company attributed the loss to a slowdown in government buying that began in mid-1989 and a one-time cost for relocating a subsidiary.

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