California Amplifier Reports Profit Increase
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California Amplifier Inc.’s profit more than doubled in the quarter ended June 30, thanks to strong sales fueled by new products and growth in foreign markets.
The Camarillo-based company, which makes satellite-dish components and other products used in microwave telecommunications, reported that its second-quarter profit jumped to $838,000 from $356,000 a year earlier.
Its sales rose 66%, to $8.39 million from $5.06 million.
California Amplifier’s six-month profit was $1.59 million, more than triple its $483,000 profit a year before.
Its sales totaled $16.7 million, a 95% gain from $8.54 million.
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