Printronix Inc.: The Irvine maker of computer...
Printronix Inc.: The Irvine maker of computer printers reported an annual loss of $2.3 million, or 76 cents a share, an improvement from its loss of $8.4 million, or $2.76 a share, for the previous fiscal year. Sales for the 12 months ended March 26 were up 6%, to $93.9 million from $88.6 million. For the fourth quarter, the company posted a profit of $851,000, or 26 cents a share, contrasted with a loss of $1.2 million, or 38 cents a share, for the same period a year earlier. Three-month sales were $23.2 million, compared to $23.3 million.