General Automation Net Falls
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General Automation Inc., the Anaheim computer systems company, posted net income of $175,000, or 2 cents a share, for the third fiscal quarter, down 42% from the $303,000, or 2 cents a share, for the comparable 1991 quarter.
Sales for the quarter ended June 30 declined 10%, to $11.1 million from $12.3 million. For the first nine months of 1992, General Automation reported net income of $384,000, or 3 cents a share, on sales of nearly $35 million.
For the first nine months of fiscal 1991, net income totaled $577,000, or 5 cents a share, on sales of $36.2 million.