Pay-Fone Systems Reports Earnings Gain in Quarter

Pay-Fone Systems Inc. reported earnings of $69,137 for the second quarter that ended Dec. 31, compared with earnings of $16,050 for the same period in 1992.

The company reported revenues of $1.05 million for the second quarter, compared with $1.09 million for the same period in 1992.

Pay-Fone, based in Van Nuys, is a payroll processing concern. In January, the company announced that it had acquired Concentric Computer Corp. of Aptos in Northern California.