Odetics Inc.
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The Anaheim manufacturer of information automation products reported third-quarter profit of $591,000, or 10 cents a share, up from $123,000, or 3 cents a share, for the corresponding quarter a year ago. Revenue increased 27% to $21.9 million. For the first three quarters of the year, profit totaled $992,000, or 19 cents a share, which contrasts with a net loss of $622,000, or 14 cents a share, for the previous-year period. Revenue rose to $61 million from $51.1 million.
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