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Styles On Video’s Earnings, Revenue More Than Double

Styles On Video Inc., a Canoga Park developer of interactive imaging systems, reported that its earnings and revenue more than doubled in the second quarter.

The company had net income of $1.06 million in the three months ended June 30, compared with a $448,000 profit a year earlier. Its revenue was $3.77 million, up from $1.78 million.

Styles On Video’s six-month profit jumped to $1.9 million from $789,000 in net income a year before. Its revenue totaled $6.96 million in the first half of this year, more than double the $3.32 million in revenue in the first six months of 1993.

The company attributed the results to growing sales of its hairstyling and optical imaging systems.

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Styles On Video also said it acquired an 80% interest in Forever Yours Inc., a new company formed to develop a digital imaging system to take pictures of newborn babies. Terms were not disclosed.


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