Whittaker Corp. in Simi Valley reported significant losses for both the fourth quarter and the fiscal year that ended Oct. 31.
The net loss for the quarter was $8.18 million, or 74 cents per share. The company had a net income of $4.23 million, or 44 cents per share, for the quarter that ended Oct. 31, 1995.
Sales for the most recent quarter were $67.69 million, compared with $56.76 million for the fourth quarter of fiscal year 1995.
For fiscal year 1996, the net loss was $17.12 million, or $1.70 per share, compared with net income of $7.86 million, or 82 cents per share, in fiscal 1995. Factored into the 1996 figures were pretax charges of $11.7 million for acquired in-process research and development.