Technology Marketing Suffers 3rd-Quarter Loss
- Share via
Blaming a sluggish computer industry, Technology Marketing Inc., a high tech design and development company in Irvine, said Friday that it lost nearly $92,000 in its third fiscal quarter, slightly less than the $98,000 loss posted in the year-ago period.
In the quarter ended Nov. 30, the company had sales of $1.7 million, up 6% from the $1.6 million in the prior year.
For the first nine months of the 1986 fiscal year, the company lost $328,403, compared with a loss of $55,315 last year. Sales in the period were $5.6 million, up 27% from the $4.4 million the year before.
Technology Marketing designs and develops a variety of high tech products, including computers, software and telecommunications systems, that its client companies manufacture.