Business Services Industry

Ventura County Star, Calif., Business Briefs Column.

Knight Ridder/Tribune Business News, October, 2003

Ventura County Star, Calif. Knight Ridder/Tribune Business News

Oct. 9--VARIFLEX'S TURNAROUND RESULTS IN 2003 PROFIT: Variflex Inc. (Nasdaq: VFLX) in Moorpark fell 52 cents, or 8 percent, to $5.98. The provider of in-line skates, skateboards and other recreational equipment with licensed brand name characters reported a return to profitability for the fiscal year ended July 31. Net income in 2003 was $856,000, or 19 cents per share, on revenues of $57.8 million, compared to a net loss of $678,000, or 15 cents, in 2002. The company reported fourth-quarter net income of $176,000, or 4 cents per share.

SALEM COMMUNICATIONS CORP. (Nasdaq: SALM) in Camarillo rose 75 cents, or 3.5 percent, to $22.15. The Christian family radio broadcaster announced...

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