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Geodynamics Corp.: The Torrance-based company, which provides...

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From Times Staff and Wire Reports

Geodynamics Corp.: The Torrance-based company, which provides sophisticated systems engineering and customer application software in support of government intelligence and military programs, reported third-quarter net income of $953,000, down from $957,000 in the year-ago period. Revenue was $16.1 million, up 21% from last year’s $13.3 million. The company said the revenue gains were due primarily to increased direct labor engineering hours and an increase in subcontracted engineering and software development services.

Tables, D7

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