Terminal Data Narrows Loss in Fiscal 1st Quarter

Terminal Data Corp., a Moorpark supplier of document imaging products, said it narrowed its loss for the fiscal first quarter to $271,000 from $737,000 a year earlier. Sales nudged up 4% to $4.8 million from $4.6 million.

Jeffrey A. Wilson, president and chief executive, attributed the reduced loss to higher profit margins on its core products, but sales of micrographics systems used in government and other large-scale applications fell due to the recession and delays in government purchasing.

Wilson said a $9-million backlog of orders as of Dec. 31 was the highest level in a year.