Laser Precision Corp.: The San Juan Capistrano...
- Share via
Laser Precision Corp.: The San Juan Capistrano manufacturer of test and measurement instruments lost $126,000, or 3 cents per share, for the first quarter on revenue of $4.6 million. For last year’s first quarter, net income was $124,000, or 3 cents per share, which included a net loss of $740,000 on discontinued operations. Revenue totaled $6.7 million. Fredrick Sehnert, president and chief executive, attributed the decline in revenue to generally sluggish market conditions during the first period, typically the company’s weakest quarter.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
