Pacific Scientific Co. reported that net income...
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Pacific Scientific Co. reported that net income dipped 18% for the fiscal first quarter ended March 25,, to $1.1 million from $1.3 million a year ago. Sales rose 32% to $42.9 million from $32.5 million. Edgar S. Brower, president and chief executive, said about $8.4 million of the increase in sales resulted from the acquisition of Sigma Instruments Inc. in May, 1987, with the remainder coming from the company’s other product lines. Pacific Scientific, Anaheim, is a manufacturer serving niche markets in the fields of electronic instruments, aerospace products, restraint systems, and electric motors and controls.
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