Wavetek Corp.: The manufacturer of electronic test...

Wavetek Corp.: The manufacturer of electronic test and measurement equipment, reported second-quarter net income of $287,000 on sales of $21.7 million, compared with net income of $984,000 on sales of $22.9 million for the second quarter of the prior fiscal year. For the 26 weeks ended April 1, net income totalled $452,000 on sales of $43.1 million, compared with net income of $1.7 million on sales of $43.8 million for the prior year’s first half.