National Technical Net Income Tumbles

National Technical Systems Inc., Calabasas, reported net income for the second quarter ended July 31 of $150,000, down from a net income of $707,000 for the second quarter last year. The results include an increase in costs of $880,000 in the second quarter that the company is investigating as possible fraud. Revenues held steady at $20.6 million compared to $21.8 million.

The company provides quality and compatibility testing and staffing services for telecommunications, information technology and related industries.