Sycor Says Income At Record Figure
Sycor Says Income At Record Figure
Record revenues of $3,835,000 have been reported by Sycor, Inc. for the quarter ending Sept. 30.
Net income for the three months, after recognizing the benefit of a tax loss carryover, amounted to $275,100 or 12 cents per share, according to figures of the company, which is a manufacturer of intelligent communications terminals. This compared to a loss of $557,400 for the same period in 1971.
For a nine-month period revenues have reached $9,912,000, an increase of 83 per cent over the $5,415,700 reported for the comparable period a year ago. Net income after a tax benefit was 17 cents per share. In 1971 the company reported a loss of $1,454,600 for the nine-month period.
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Subjects
Sycor Inc.
Computers - Hardware & Peripherals
Old News
Ann Arbor News