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HolidayBuyer's Guide
Tech Industry

Short: STC to report increase in revenue

SCT International of Phoenix expects to report an increase in revenue for the first quarter of fiscal 1997 to $1.7 million compared to $1 million for the same quarter last year, an increase of 70 percent. SCT ended its first year as a public company with a sizable loss, but said its sales are escalating and expects them to continue to be strong. SCT develops and markets products for the multimedia and communications companies.

SCT International of Phoenix expects to report an increase in revenue for the first quarter of fiscal 1997 to $1.7 million compared to $1 million for the same quarter last year, an increase of 70 percent. SCT ended its first year as a public company with a sizable loss, but said its sales are escalating and expects them to continue to be strong. SCT develops and markets products for the multimedia and communications companies.