Troy Group Reports 6% Drop in Earnings

L.A. Times Archives

Oct. 6, 1999 12 AM PT

Troy Group Inc., Santa Ana provider of software and hardware connectivity systems, reported net income of $1.5 million, or 16 cents a share, for the third quarter ended Aug. 31, down 6% from the $1.6 million, or 12 cents a share on a smaller number of shares outstanding, a year ago. Sales rose 83% to $17.4 million.

For the record:

12:00 a.m. Oct. 7, 1999 For the Record
Los Angeles Times Thursday October 7, 1999 Orange County Edition Business Part C Page 4 Financial Desk 1 inches; 30 words Type of Material: Correction
Troy Group Earnings--Troy Group Inc. posted net income of $1.6 million for the third quarter ended Aug. 31, up 55% from the same year-ago period. The prior-year results were reported incorrectly in a brief Wednesday.

Technology and the Internet Business

More From the Los Angeles Times

For the record:

12:00 a.m. Oct. 7, 1999: For the Record
Los Angeles Times Thursday October 7, 1999 Orange County Edition Business Part C Page 4 Financial Desk 1 inches; 30 words Type of Material: Correction
Troy Group Earnings--Troy Group Inc. posted net income of $1.6 million for the third quarter ended Aug. 31, up 55% from the same year-ago period. The prior-year results were reported incorrectly in a brief Wednesday.