O. C. BUSINESS PLUS : ORANGE COUNTY EARNINGS : Javelin Systems Inc.
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The Irvine provider of retail food service technology reported record results for the fourth quarter and fiscal year ended June 30.
Net income for the quarter rose to $1.5 million, or 17 cents a share, from $547,000, or 13 cents a share, for the comparable period a year earlier. Revenue advanced 80% to $20.9 million.
For the year, net income climbed to $3.7 million, or 57 cents a share, from $1.1 million, or 27 cents a share, for the previous year. Revenue grew to $72.8 million from $29.6 million.
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