O. C. BUSINESS PLUS : ORANGE COUNTY EARNINGS : Javelin Systems Inc.
The Irvine provider of retail food service technology reported record results for the fourth quarter and fiscal year ended June 30.
Net income for the quarter rose to $1.5 million, or 17 cents a share, from $547,000, or 13 cents a share, for the comparable period a year earlier. Revenue advanced 80% to $20.9 million.
For the year, net income climbed to $3.7 million, or 57 cents a share, from $1.1 million, or 27 cents a share, for the previous year. Revenue grew to $72.8 million from $29.6 million.
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