July 11, 2000
Litronic Inc., an Irvine maker of online security products, said Monday that Robert Brich has resigned as the company's vice president of network solutions sales. Brich is leaving to pursue personal interests, the company said.
March 4, 2000
Wall Street hammered Litronic Inc. on Friday, a day after the Irvine provider of Internet data security services said it would report a larger-than-expected loss for the fourth quarter. Litronic's stock fell $4.81 a share, or 22%, to $16.94 in Nasdaq trading. The company had said Thursday after the market closed that it expects to report a quarterly loss of 25 to 30 cents a share on revenue of $11 million to $12 million. That projection is below Wall Street analysts' expectations.
September 29, 2000 |
Litronic Inc., an Irvine seller of Internet security products, said Thursday that its president and chief operating officer, William Davis, has resigned for personal reasons. Litronic said in a press release that Davis, who for the last year headed operations at the company's Pulsar Data Systems unit, will continue as an advisor. Davis was the owner and founder of Pulsar before its 1999 merger with Litronic.
August 15, 2001
* NetGuru Inc., a Yorba Linda information technology company, reported that its net loss for the first quarter widened to $1.2 million, or 7 cents a share, from $300,000, or 4 cents a share, a year earlier. Revenue fell 7% to $6.8 million. * Lake Forest collectibles company L.L. Knickerbocker Co. reported second-quarter profit of $180,000, contrasted with a net loss of $671,000, or 1 cent a share, for the comparable period last year. Sales declined 24% to $6.7 million.