Advertisement

PCC Earnings Down for Quarter

PCC Group Inc., a distributor of microcomputer products, reported a profit of $458,000, or 21 cents per share, in its first quarter ended Dec. 31.

This was down 23% from $594,255, or 27 cents per share, that the Brea-based company reported in the same period a year earlier. Revenue rose 13% to $25.8 million, from $22.8 million.

Company President Jack Wen blamed the decline in profit on a higher tax rate. But he said the company has survived price wars in the computer industry by offering a large mix of software and hardware products.

Advertisement
Advertisement
Advertisement