92.9 F
San Fernando
Friday, Apr 19, 2024

Tech Roundup

Trio-Tech International reported a loss from continuing operations of $446,000 or $0.15 per share for the company’s fiscal second quarter. The result compares with a loss from continuing operations of $111,000 or $0.03 per share for the same period last year. The company said that, including the sale of a property in Dublin, Ireland, which included an after-tax gain of $8.9 million, its net income rose to $8.4 million or $2.76 per diluted share in the period. Revenues for the second quarter of 2005 were $7.4 million, up from $5.5 million from the comparable period last year. Van Nuys-based Trio-Tech is engaged in the development of testing equipment and services for semiconductors. Youbet.com, a Woodland Hills-based online wagering company, said today its earnings rose to $1.5 million or $0.04 per diluted share on revenues of $20.8 million for the fourth quarter ended Dec. 31, 2005. That compares with earnings of $500,000 or $0.02 per share on revenues of $16.2 million for the comparable quarter last year. The company noted that it completed the acquisition of United Tote Co.

Featured Articles

Related Articles