STANDARD LOGIC REPORTS THIRD QUARTER EARNINGS
STANDARD LOGIC REPORTS THIRD QUARTER EARNINGS ANAHEIM, Calif., Sept. 2 /PRNewswire/ -- Standard Logic Inc.
(NASDAQ: STDL), a developer and manufacturer of electronics products, reported year-to-date net income of $799,517 or $0.091 per share for the nine-month period ended July 25, 1992, compared to $434,104 or $0.05 for the same period last year.
Revenues for the nine-month period were $2,013,105 vs. $1,222,972 last year. For the three-month period ended July 25, 1992, the company earned $126,312 or $0.014 per share on revenues of $570,477, compared to a net income of $328,910 or $0.038 per share on revenues of $671,446 for the same period last year. STANDARD LOGIC INC. Statement of Income Quarter ended Nine months ended July 25, July 25, 1992 1991 1992 1991 Revenues $570,477 $671,446 $2,013,105 $1,222,972 Total net income $126,312 $328,910 $799,517 $434,104 Net income per share $0.014 $0.038 $0.091 $0.050 Weighted average number of common shares outstanding 8,759,351 8,639,351 8,759,351 8,639,351 Since 1967, Standard Logic has specialized in the development and sale of electronics products and services to the electronic packaging industry. In addition, the company provides software and wire- wrapping services for its in-house products to numerous commercial and military customers. -0- 9/2/92 /CONTACT: Wes Baumgardner, CEO of Standard Logic, 714-632-9292; or Shannon T. Squyres of Corporate Relations Group, 714-955-1860, for Standard Logic/ (STDL) CO: Standard Logic Inc. ST: California IN: CPR SU: ERN
LS-KJ -- LA003 -- 5771 09/02/92 09:04 EDT
|Printer friendly Cite/link Email Feedback|
|Date:||Sep 2, 1992|
|Previous Article:||PRO-DEX REPORTS RECORD YEAR-END REVENUES AND EARNINGS|
|Next Article:||L.A. GEAR ANNOUNCES ADDITIONAL DIRECTORS APPOINTED BY ITS STOCKHOLDER TREFOIL CAPITAL INVESTORS, L.P.|