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Record Tivoli Income

Tivoli Industries Inc., which designs and manufactures specialty lighting and related products, reported record net income of $511,762, or 13 cents a share, for the fiscal year ended Sept. 30. That compares with net income of $166,200, or 4 cents a share, for the prior year. Revenue increased 48% to $9.8 million from $6.6 million. For the fourth quarter, net income rose 89% to $138,622, or 4 cents a share, from $73,315, or 2 cents a share, a year ago. Revenue was up 24% to $2.6 million from $2.1 million.

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