Distributed Logic Back in the Black
Distributed Logic Corp., the Anaheim maker of computer storage systems, reported net income of $228,886 on revenue of $8.6 million for the first quarter ended Jan. 31, compared to a loss of $1.7 million on revenue of $10.3 million for the same period a year earlier.
The earnings included a onetime gain of $1.9 million on the sale of the company’s field-service assets.
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