Printronix’s Net Down 7% in 1st Quarter

Printronix Inc., manufacturer of computer printers, reported first-quarter net income dropped 7% to $2.5 million, or 29 cents a share, from $2.7 million, or 32 cents a share, a year ago. Revenue for the quarter ended June 28 rose 6% to a record $44.6 million from $42.2 million.