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  1. Technology
November 6, 1995

COMPANY RESULTS

By CBR Staff Writer

Advanced Logic Research Inc reported fourth quarter net profits up to $2.0m, from $365,000 last time, on turnover up 11.9% at $53.4m; net profits for the year to September 30 were $4.9m, against $346,000 losses last time, on turnover up 4.9% to $192.4m. Net per share rose to $0.17, from $0.03 last time in the quarter, and were $0.41 in the year.

Allen Group Inc has reported third quarter net profits up 10.6% at $9.5m, on turnover up 60.0% at $88.3m; nine month net profits rose 26.9% to $25.9m, on turnover that was up 47.9% at $231.4m. Net earnings per share rose 6.1% to $0.35 in the quarter, 22.8% to $0.97 in the three quarters.

Alliant TechSystems Inc has reported second quarter net profits of $11.1m against a loss last time of $14.8m on turnover up 101.0% at $275.8m; mid-term net profit was $21.0m against a loss last time of $8.8m on turnover that was up 85.8% at $568.8m.

AST Research Inc has reported first quarter net losses of $96.4m, up from losses of $39.4m last time, on turnover that fell 18.6% to $403.4m.

Cincinnati Milacron Inc has reported third quarter net profits up 34.9% at $16.0m, on turnover up 34.7% at $486.5m; nine month net profits rose 51.3% to $37.4m, after a integrating charge of $7.8m, and a net gain of $4.0m from the sale of a Mine Tool business, on turnover that rose 40.6% at $1,231.4m. Net earnings per share rose 31.4% to $0.46 in the quarter, 50% to $1.08 in the three quarters.

CrossComm Corp has reported third quarter net losses of $3.0m, up from $1.6m losses last time, on turnover down 21.5% at $10.0m; nine month net losses were $2.8m, on turnover down 7.3% at $34.8m.

DaisyTek International Inc has reported second quarter net profits up 82.2% at $2.6m on turnover up 30.4% at $105.4m; mid-term net profits rose 80.6% to $4.9m on turnover up 30.9% at $160.7m. Net earnings per share rose 44.4% to $0.39 in the quarter, 43.1% to $0.73 in the half. The quarter’s earnings were boosted by incremental profits of $0.04 to $0.06 per share resulting from a certain one-time investment inventory purchase actions.

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Eagle Point Software Corp reported first quarter net profits up 55.4% at $682,000, on turnover up 48.5% to $4.8m. Net per share rose 55.6% to $0.14.

Egghead Software Inc has reported second quarter net losses of $3.5m, up from $981,000 losses last time, on turnover down 1.6% at $191.2m; mid-term net losses were $6.7m, up from $2.1m losses last time, on turnover that was down 5.7% at $376.9m.

Executone Information Systems Inc has reported third quarter net profits down 33.4% at $1.3m, on turnover down 3.1% at $74.2m; nine month net losses were $38.5m, against $5.2m profits last time, on turnover that rose 2.3% at $223.4m. Net earnings per share were down 25% to $0.03 in the quarter.

Genrad Inc saw third quarter net up 106.0% at $9.2m on turnover up 0.5% at $36.8m.; net profit for the year so far was up 125.1% at $9.2m on turnover up 5.4% to $113.2m. Net per share rose 100% to $0.10 in the quarter, 115% to $0.43 in the nine months.

Inacom Corp has reported third quarter net profits up 401.3% at $2.6m on sales up 16.1% at $533.3m; nine month net was $7.3m against a loss last time of 4.8m that included unspecified non-recurring charges on sales up 21.9% at $1544.0m. Net earnings per share rose 400% to $0.25 in the quarter, and 54.3% to $0.71 in the three quarters.

MidiSoft Corp has reported third quarter net losses of $5.2m against a profit last time of $491,000, on turnover down 21.2% to $1.2m; net losses for the year so far were $6.2m against a profit last time of $762,000, on turnover that was up 3.6% to $4.5m.

Wells-Gardner Electronics Corp has reported third quarter net losses of $742,000, after a $886,000 charge related to monitor warranties, against $112,000 profits last time, on turnover down 12.3% at $7.8m; nine month net losses were $445,000, after the above charge and a $403,000 gain on the sale of a building, down from $1.8m losses last time, on turnover that was

down 13.4% at $21.8m.

Zoom Telephonics Inc saw third quarter net profits of $1.5m against a loss last time of $260,000 on turnover up 83.1% at $23.5m; nine month net profits rose 81.8% to $3.7m on turnover up 24.5% at $61.0m.

Rogers Cantel Mobile Communications Inc has reported third quarter net profits up 55.7% to the equivalent of $5.6m, on turnover that was up 16.3% at $175.5m; nine month net profits were $3.8m, on turnover that was up 20.0% at $486.9m. Net earnings per share rose 60% to $0.06 in the quarter, and were $0.04 in the three quarters. The figures were converted at $0.7457 to the Canadian dollar.

Aladdin Knowledge Systems Ltd has reported third quarter net profits up 40.6% at $762,000, on turnover up 55.6% at $2.6m; nine month net profits rose 48.0% to $2.5m, on turnover up 63.5% at $7.9m. Net earnings per share rose 37.5% to $0.11 in the quarter, 42.3% to $0.37 in the three quarters. The Israeli company reports its figures in US dollars.

Magic Software Enterprises Ltd has reported third quarter net profits of $130,000, against $948,000 losses last time, on turnover up 31.4% at $6.3m; nine month net losses were $1.5m, up from $1.3m losses last time, on turnover up 11.9% at $16.5m. Net per share were $0.03 in the quarter. The Israeli company reports its figures in US dollars.

Integrated Micro Products Plc has reported third quarter net profits down to $44,000, from $458,000 last time, on turnover up 38.0% at $3.8m; nine month net losses were $2.2m, against $1.3m profits, on turnover that was up 6.7% at $11.5m. Net earnings per share fell to $0.02 in the quarter, from $0.14 last time. The British company is quoted on Nasdaq and reports its figures in US dollars.

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