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Tech Industry

Short Take: E&S revenues increase

Graphics hardware maker Evans and Sutherland reported earnings of 2 cents a share for its most recent quarter, beating out a two-analyst estimate of a break-even quarter but dipping substantially from the 17 cents a share the company posted a year ago. From the same quarter a year ago, revenues increased 17 percent from $42.4 million to $49.7 million, but net income dropped from $1.6 million to $300,000.

Graphics hardware maker Evans and Sutherland reported earnings of 2 cents a share for its most recent quarter, beating out a two-analyst estimate of a break-even quarter but dipping substantially from the 17 cents a share the company posted a year ago. From the same quarter a year ago, revenues increased 17 percent from $42.4 million to $49.7 million, but net income dropped from $1.6 million to $300,000.