Datron Sales and Profit Rise 25% in 1st Quarter
- Share via
Datron Systems reported that its profit rose nearly 25% to $312,000, or 12 cents a share, in the first quarter ended June 30. Sales increased nearly 25%, to $5.1 million in the quarter.
The Simi Valley company, which makes satellite, radar and radio communications systems for the military, reported that increases stemmed mainly from its acquisition last year of Trans World Communications, an Escondido maker of long-range, high-frequency receivers and transmitters.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
