Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SANTA ANA, CA-As companies nationwide struggle to stay afloat in the current economic climate, Santa Ana-based Micro General Corp. has announced its most profitable quarter ever.

A software systems provider that serves the title and real estate industries, Micro General has reported a 170% increase in net income from third quarter 2000 to third quarter 2001. Net income rose from $1.1 million for the quarter ended September 30, 2000 to $3.1 million for this year’s third quarter.

Revenues jumped 20% to $34.2 million in third quarter 2001 from $28.5 million one year ago. The first three quarters of this year reflected a 29% rise, with a reported $101.4 million in revenues, as compared to $78.5 million in revenues for the same nine-month period in 2000.

“We are very pleased to see the sixth consecutive quarter of record pre-tax profits, and the most profitable quarter ever for Micro General, which demonstrates ongoing growth and improvement in operations,” says Dale Christensen, the company’s CFO.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.