85.7 F
San Fernando
Thursday, Mar 28, 2024

Interlink Income Drops in Q3

Net income for Interlink Electronics Inc. dropped 92 percent in the third quarter when compared with the previous year. The Camarillo-based developer and manufacturer of electronic signature and e-notarization products reported net income of $121,000, or $0.01 per diluted share, on revenues of $7.2 million for the quarter ending Sept. 30. For the same period a year ago the company had net income of $1.6 million, or $0.12 per diluted share, on revenues of $4.7 million. The difference between the two quarters was attributed to Interlink taking a $6.2 million gain in the third quarter of 2007 from the sale of two of its business units. For the nine month period, Interlink reported a net loss of $2.5 million, or $0.18 per diluted share, on revenues of $19.7 million. That is a decrease from the net loss of $3.1 million, or $0.22 per diluted share, on revenues of $12.7 million for the first nine months in 2007.

Featured Articles

Related Articles