Perceptronics Posts Profit After Loss a Year Ago
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Perceptronics posted a small profit in its third quarter that ended Dec. 31 after a loss in the same period a year earlier.
In the latest quarter, Perceptronics posted net income of $54,370, compared with a loss of $73,692 in last year’s third quarter.
Revenues in the latest quarter rose 33% to $1.98 million, up from $1.49 million.
For the nine-month period, Perceptronics, based in Woodland Hills, saw its net income climb to $99,528, versus a loss of $21,886 a year ago.
Sales in the nine months rose 4% to $5.07 million, up from $4.88 million.
The company makes computer simulation systems for commercial and military training.
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