Styles on Video Shows $1.4-Million Quarter Profit

Styles on Video Inc., a Canoga Park developer and marketer of hair-imaging systems, reported a first-quarter profit of $1.41 million on revenue of $3.29 million, citing growth in its international business plus new products.

The company said it also did not have to pay income taxes in the first quarter because of certain options that it exercised. Styles on Video, whose products allow consumers to preview changes in hairstyle by computer, became an independent public company in March, 1993, and as a result had no comparable figures for the same quarter a year earlier.