Datum Inc. Reports Drop in 1st-Quarter Earnings
Datum Inc., an Anaheim-based manufacturer of precision frequency and timing instruments, reported first quarter net earnings of $217,000, a slight drop from $219,000 for the same period last year. Sales of $6.45 million for the quarter were up 34% from $4.8 million a year earlier.
Louis B. Horwitz, the company’s chairman, attributed the improved revenues to the inclusion of sales from a recent acquisition, Spectrum, as well as to increases in other Datum product lines.
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