Traditional Industries Earnings Increase 24%
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Traditional Industries said its fiscal second-quarter earnings rose 24% from a year earlier on a 22% increase in revenue.
Traditional, an Agoura Hills marketer of custom photographic packages for consumers, said net income in the quarter that ended Dec. 31 climbed to $1.56 million from $1.26 million a year earlier, while revenue rose to $15 million from $12.3 million.
For the first half of its fiscal year, Traditional’s profit was up 20% to $2.96 million from $2.46 million, and its six-month revenue gained 22% to $28.4 million from $23.3 million.
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