Tustin Firm Expects to Double Its Profits
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TUSTIN — Quality Systems Inc. said Wednesday that it expects its earnings to more than double and its revenue to rise 20% for the current fiscal year.
Chairman and Chief Executive Sheldon Razin said at the company’s annual meeting that those increases for the year ending March 31, 1994, are “very achievable.”
For the year ended March 31, the company reported a profit of $623,000, or 15 cents a share, on revenue of $11.7 million.
Quality Systems, based in Tustin, provides computer-based information processing systems for medical and dental group practices. The optimistic projections are based on a “strong financial position” and a “solid revenue base and strong position in the medical and dental markets,” the company said in a press release.
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