Micro General Posts Rise in Third-Quarter Net
Increased sales and cost reductions helped Micro General Corp. post a third-quarter net income of $4,317, contrasted with a net loss of $88,364 for the same period a year earlier. Revenue for the period was $1.1 million, up from $1 million a year earlier.
For the nine months, the Irvine-based company reported net income of $10,551, contrasted with a net loss of $166,807 the prior year. Revenue of $3.6 million was up slightly from $3.2 million.
Micro General makes computerized postal scales and automated parcel shipping systems.
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