New Image’s Revenue Is Projected Below Target
Citing the Northridge earthquake and the adverse winter weather nationwide, New Image Industries in Canoga Park said its revenue and earnings for the quarter ended March 31 will be significantly below expectations.
New Image Industries, which sells intraoral cameras and dental imaging equipment, said previous expectations were that the company would earn $1.7 million on revenue of $11 million for its fiscal third quarter that ended March 31. The company’s earnings for that quarter will be reported about April 20.
New Image said sales and earnings for its next quarter should be on target.
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