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2nd-Quarter Earnings Fall 67% at Positive Response

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Positive Response Television Inc., a Sherman Oaks producer of infomercials, reported that its second-quarter earnings fell 67% despite revenues that more than tripled.

In the three months ended June 30, Positive Response had net income of $127,000, down from $383,000 a year earlier. Its revenue grew to $3.43 million from $978,000 in the second quarter of 1993.

For the six months, the company had a profit of $336,000, up 53% from $219,000 in earnings a year before. Its first-half revenue was $6.55 million, up from $1.28 million.

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