Advertisement

General Automation Inc.

Share

The Anaheim computer company reported a loss of $577,000, or 5 cents a share, for its fiscal year ended Sept. 30. Those results, which included a $994,000 loss on the sale of its European operations, contrasted with a profit of $144,000, or 1 cent a share, for the previous year. Sales declined 5% to $42.9 million from $45.2 million. For its fourth fiscal quarter, the company lost $1 million, or 9 cents a share, compared to a loss of $240,000, or 2 cents a share, for the same period a year earlier. Three-month sales were $10.4 million, up slightly from $10.2 million.

Advertisement