Data Translation Reports Fourth Profitable Quarter
MARLBORO, Mass., Sept. 15 -- Data Translation Inc. announced total sales of $4,061,000 for the quarter ended August 31, 1999, an increase of approximately 3.5 percent from $3,919,000 in the comparable quarter of fiscal 1998. Net income for fiscal 1999's third quarter was $177,000 or eight cents per share, compared with a net loss of $763,000, or 36 cents per share in the same quarter of the prior fiscal year.
Total sales for the nine months ended August 31, 1999, were $11,997,000, compared with $12,910,000 for the comparable period in fiscal 1998. The net income for...Read full article
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Published: September 1999