Simi Computer Firm Posts 35% Increase in Revenues

IBC/Integrated Business Computers in Simi Valley reported its revenues and earnings through the third fiscal quarter are significantly improved over the same period a year earlier.

Revenues for the first three quarters increased 35% to $4.5 million, and losses during the period were cut by 55% to $198,000, company officials said.

These numbers include the launch of IBC’s new consumer PC division during the third quarter, with associated start-up costs.

Revenues in the commercial division are about the same as last year, officials said.

IBC is a 20-year-old computer and electronics manufacturing company that supplies systems to the personal computer, business and original equipment manufacturer markets.