3rd-Quarter Income Sets Record for Micro D Inc.

Micro D Inc. said third-quarter net income was a record $674,000 contrasted with a net loss of $632,000 for the comparable period a year earlier.

The Santa Ana-based distributor of microcomputer hardware and software said sales for the quarter totaled a record $56.4 million, contrasted with sales of $27.4 million for the same period a year ago.

“We know we have taken substantial market share from every major microcomputer distributor,� said Linwood Lacy Jr., chairman and chief executive. He said the company is now the leading domestic distributor of microcomputer equipment.

For the nine months, Micro D reported net income of $1.8 million on sales of $145.8 million, contrasted with a net loss of $1.3 million on sales of $75.2 million for the same period a year ago.