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General Automation Inc.: The Irvine computer systems...

General Automation Inc.: The Irvine computer systems company said net income for the second fiscal quarter dropped to $134,000, or 2 cents a share, from $507,000, or 7 cents a share, for the corresponding period last year. The company said current earnings were affected by approximately $200,000 in costs associated with recent acquisitions. Revenue for the quarter ended March 31 was up 56% to $9.8 million from $6.3 million. First-half net income declined to $270,000, or 3 cents a share, from $711,000, or 10 cents a share, for the first six months of the prior year. Revenue advanced 68% to $19.8 million from $11.8 million.

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