SI Technologies Inc.
The Tustin designer and manufacturer of high-performance industrial sensors as well as factory automation equipment and systems reported that net income for the second fiscal quarter declined to $26,843, or 1 cent a share, from $133,810, or 4 cents a share, a year ago. Sales were down 7% to $10 million. The company attributed the reduction in sales primarily to temporary production problems related to its facilities consolidation program.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
