PerfectData Posts 10% Rise in Net Income
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PerfectData Corp., a Simi Valley maker of products for cleaning and maintaining computers, said its net income rose 10% during the fiscal second quarter on a 39% increase in revenue.
In the three months that ended Sept. 30, PerfectData’s profit was $153,000 compared with $139,000 last year, while revenues rose to $2 million from $1.4 million a year earlier.
For the six months ended Sept. 30, PerfectData’s net income rose 5% to $292,000 from $277,000 last year. Six-month sales increased 29% to $3.7 million from $2.8 million last year.
The company attributed the sales gains to greater penetration into domestic and foreign markets and introductions of new products.