Odetics Inc., Anaheim, reported earnings of $1...
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Odetics Inc., Anaheim, reported earnings of $1 million for its 1989 fiscal year ended March 31, an increase of 18%. In fiscal 1988, Odetics earned $897,000. The company’s revenue totaled $54.8 million, up 10% from last year’s $49.7 million. Chairman Joel Slutzky said the increases reflected “balanced growth” in the company’s commercial and government businesses. Odetics makes robotic systems, tape recorders used aboard the space shuttle, and automated equipment for the broadcasting industry.
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