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COMPANY RESULT: MILLENNIUM ELECTRONICS INC

Millennium Electronics Inc, Laguna Beach, California-based computer components manufacturer, has reported third quarter net profits down 3.2% at $261,000 on revenue up 78.9% at $16.6m; nine-month net fell 34.9% to $493,000 on revenue which increased by 71.3% at $36.6m. Net earnings per share fell 40% to $0.03 in the quarter, and declined by 53.3% to $0.07 in the nine months.

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CBR Staff Writer

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