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AdTech Ceramics - Ceramic Packages 1-24 LB

Three-Five Systems Announces Second Quarter Results

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TEMPE, Ariz., July 23 -- Three-Five Systems, Inc. reported record net sales of $31.6 million for the second quarter of 1999, an increase of 39 percent over second quarter 1998 revenue of $22.7 million. Net income for the quarter was $1.0 million, or $0.15 per share (diluted), as compared with net income of $1.1 million, or $0.14 per share (diluted) for the same quarter in 1998. An increase in earnings per share despite a decrease in net earnings was attributed to the company's 1998 share repurchase program. Sales of $54.6 million for the first six months of the fiscal year were 33 percent...Read full article

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    Published: July 1999
    News & Features

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