Pollution Research Posts Earnings of $118,000
- Share via
Pollution Research and Control Corp., a Glendale producer of air-pollution monitoring equipment, said it earned $118,000 in the first quarter, compared with an $85,000 loss a year earlier.
PRC also announced that it changed its fiscal year for reporting its financial results to a calendar year ending Dec. 31. Its previous fiscal year ended June 30.
The earnings in the quarter ended March 31 came despite a 13% drop in PRC’s revenue, to $1.3 million from $1.5 million. PRC said a substantial portion of the previous year’s revenue stemmed from unprofitable operations since discontinued by the company.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
