Advertisement

General Automation Inc.: The Irvine computer products...

Share

General Automation Inc.: The Irvine computer products company said net income for the fiscal year ended Sept. 30 totaled $1.4 million, or 18 cents a share, contrasted with a year-earlier net loss of $2.1 million, or 26 cents a share. Revenue rose 78% to $25.5 million from $14.3 million. Net income for the fourth quarter was $76,000, or 1 cent a share, which included a tax provision of $489,000. In the same period a year ago, the company earned $212,000, or 3 cents a share. Revenue advanced 13% to $6.3 million from $5.6 million.

Advertisement