Broadcast International Inc., 7050 S. Union Park Center, had net income of $287,000 or five cents per share in the quarter ending Dec. 31 compared with net income of $171,000 or three cents per share in the same quarter a year ago.
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Officials of BII, which provides satellite-delivered business communications and financial services to retailers, said the fourth quarter financial results were negatively impacted by $177,000 or three cents per share for nonrecurring charges related to a previously disclosed proxy dispute and costs related to its pending merger with Data Broadcasting Corp.For 1994, BII had net income of $437,000 or seven cents per share compared with a net loss of $2.6 million or 45 cents per share for 1993.