EARNINGS.Omega Orthodontics orthodontics: see dentistry. Inc. Acton-based orthodontic orthodontic (ôr´th  dän´tik),adj practice management group June 2nd Qtr. 1998 1997 Sales $1.75 million $0 Net Income(Loss) ($173,500) ($3.1 million) Net Per Share (4 cents)($1.84) The company said it did not sign up as many practices in the second quarter as it had planned. Spatializer Audio Laboratories Inc. Woodland Hills-based consumer electronics developer June 2nd Qtr. 1998 1997 Sales $675,000 $577,000 Net Income (Loss) ($1.09 million) ($1.17 million) Net Per Share (7 cents) (6 cents) Development costs continued to outpace out·pace tr.v. out·paced, out·pac·ing, out·pac·es To surpass or outdo (another), as in speed, growth, or performance. outpace Verb [-pacing, royalty revenue from the company's patented audio technology. Tejon Ranch Tejon Ranch Company is the largest private landowner in California. It was incorporated in 1936 to organise the ownership of a large tract of land originally comprised of four Mexican land grants, and began ranching in the 1840's. Co. Lebec-based real estate and farming concern June 2nd Qtr. 1998 1997 Sales $7.58 million $6.26 million Net Income(Loss) ($943,000)($6,000) Net Per Share (7 cents) (0 cents) Higher livestock livestock Farm animals, with the exception of poultry. In Western countries the category encompasses primarily cattle, sheep, pigs, goats, horses, donkeys, and mules; other animals (e.g., buffalo, oxen, or camels) may predominate in other areas. sales rose while farming sales dropped during the quarter. Turbodyne Technologies Woodland Hills-based maker of pollution reduction products and aluminum castings June 2nd Qtr. 1998 1997 Sales $11 million $11.1 million Net Income (Loss) ($3.7 million) ($3.1 million) Net Per Share (11 cents) (15 cents) Weaker than expected aftermarket Aftermarket See: Secondary market. aftermarket See secondary market. wheel orders hurt profits. The earnings per share figure was stronger in the 1998 quarter due to a 71 percent increase in common shares. |
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