Comarco Credits Demand for Net Income Increase
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Comarco Inc., an Anaheim supplier of computer-based products and engineering services for the defense and aerospace industries, posted net income of $481,000 in the second quarter ended June 30, up 21% from $398,000 in the second quarter of 1984.
The company credited increased demand from the military for its computerized equipment maintenance and software documentation programs for the earnings growth.
Second quarter revenues were $8.1 million, up 17% from $6.9 million a year ago.
Net income for the first half of 1985 increased 21% to $929,000 from $766,000 a year ago and revenues rose to $16.2 million 17% from $13.8 million last year.
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