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Wells-Gardner Electronics Inc.`s first-quarter net income rose to $74,000, or 2 cents a share, from a loss of $670,000, or 18 cents a share, a year earlier. The Chicago-based firm said sales jumped 37 percent, to $10.6 million from $7.7 million.
The firm said the higher revenues resulted mainly from its sales of monitors for the video-gaming industry.
”The higher sales reflect signs of strengthening in most markets we serve,” said Frank J. Myers, chairman and chief executive officer.
