Ceradyne Inc.
The Costa Mesa maker of technical ceramics posted fourth-quarter net income of $658,000, or 8 cents a share, contrasted with a net loss of $571,000, or 7 cents a share, a year ago. Sales rose 41% to $8.9 million. Net income for the year grew to $1.6 million, or 20 cents a share, from the previous year’s earnings of $282,000, or 4 cents a share. Sales were up 16% to $30.4 million.
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