Micropolis Reports Profit in 2nd Quarter

Micropolis Corp., continuing its rebound from major losses, reported a second-quarter profit of $2.35 million compared with a $10.6-million loss a year earlier.

The Chatsworth-based maker of computer data-storage products said the improved results in the quarter ended June 29 came on a 23% increase in revenue, to $97.3 million from $79.3 million. The company cited strong demand for its more expensive disk drives and cost controls for the gains.

For the first half of 1990, Micropolis earned $1.30 million, compared with a year-earlier loss of $23.9 million. Its six-month revenue rose 8% to $173.2 million from $159.9 million.