Wyle Electronics: The Irvine electronics distributor said...
Wyle Electronics: The Irvine electronics distributor said net income for 1995 totaled $36.2 million, or $2.86 a share. That compares with a net loss of $381,000, or 3 cents a share, for 1994, which included a loss of $15.8 million from the sale of discontinued operations. Sales were up 36% to a record $1.1 billion from $792.3 million.
For the fourth quarter, net income reached $10.6 million, or 83 cents a share, up from the $3.1 million, or 25 cents a share, a year earlier. Sales increased 33% to $299 million from $224.5 million.