Dataproducts Reports $202,000 Quarterly Profit

Dataproducts, a Woodland Hills computer printer maker, earned $202,000 in the fourth quarter that ended March 25 as sales fell 11% to $85.3 million.

In the year-earlier quarter, Dataproducts lost $14.9 million. Those results included a one-time charge to its earnings of $15.8 million that stemmed largely from the relocation of a plant from New Hampshire to Woodland Hills.

For the year, Dataproducts earned $3.8 million, compared to a loss of $20.2 million in the previous fiscal year, as sales rose 2% to $353.4 million.

The company cited softness in the computer industry as a reason its sales dropped in the fourth quarter.

Dataproducts is being shopped around to potential buyers by its investment bankers. The action came after a New York investment group that owns about 8% of the company’s stock said it wants to buy the company. Dataproducts said it spent more than $400,000 in the fourth quarter on fees and other costs related to the potential sale of the company.