ORANGE COUNTY EARNINGS
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Javelin Systems Inc.: The Irvine designer of touchscreen computers said net income for the fourth quarter ended June 30 climbed to $547,047, or 13 cents a share, from $22,747, or 1 cent a share, for last year’s fourth quarter. Revenue rose to $11.6 million from $2.7 million. For the year, net income totaled $1 million, or 27 cents a share, contrasted with a net loss of $826,886, or 30 cents a share, which included interest expense of $636,000. Revenue increased to $29.6 million from $7 million.
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