Standard Logic reported net income of $860...

Standard Logic reported net income of $860 for its third quarter ended July 29, contrasted with a loss of $530,995 for the comparable period last year. Revenue more than doubled to $733,345 from $306,395. For the nine months net income was $62,937, contrasted with a year-earlier loss of $1.1 million. Revenue totaled $1.9 million, an increase of 138% from the $792,942 posted a year ago. Dennis A. Wade, president, said the company has begun to see the results of increased advertising expenditures and selling activities. General and administrative expenses are running at 32% of last year’s rate, he said. Standard Logic, based in Anaheim, manufactures and distributes electronic packaging assemblies and systems for commercial and government applications.