Sunnyvale, CA--July 26, 1996--Radius Inc. (Sunnyvale, CA) announced financial results for the third quarter of its 1996 fiscal year ended June 30, 1996.
Net revenues for the quarter were $20 million. Income from operations was $954,000 which included $913,000 of restructuring reserve reversals. Net income after interest, taxes and other income related to previously announced product group divestitures was $4.7 million or $0.26 per share. The consolidated results for the third quarter of the prior fiscal year were net revenues of $87.3 million and net loss of $3.1 million or $0.21 per share.
215 Moffett Park Dr.
Sunnyvale, CA 94089
Fax: (408) 541-6150
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