Amplicon Earnings Show 12% Increase

Amplicon Inc., which leases high-technology equipment, said Tuesday that its latest quarterly earnings were up 12% from the same period last year.

The company, based in Santa Ana, posted a profit of $2.3 million, or 39 cents a share, for its first fiscal quarter, which ended Sept. 30. That compared to earnings of $2 million, or 35 cents a share, for the same period a year earlier. Quarterly revenue was $40.5 million, up 29% from the $31.4 million.

President Patrick E. Paddon said Amplicon’s performance reflected the efforts of an aggressive sales force as well as investments in the company that were made last year.