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April 24, 1997updated 05 Sep 2016 12:38pm

COMPANY RESULT: PLANAR SYSTEMS INC

By CBR Staff Writer

Planar Systems, Beaverton, Oregon maker of flat-panel display components, reported second-quarter net income down 36% at $1.7m on revenue up 15% at $23.2m. Results for the quarter include a non-operating write-off of a $1.75m equity investment. Mid-year net income was down 35% at $3.4m on revenue which rose 12% to $45.3m. Earnings per share dropped 38%, to $0.15 for the quarter and $0.30 for the half-year.

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