Advertisement
YOU ARE HERE: LAT HomeCollectionsLitronic Inc
IN THE NEWS

Litronic Inc

FEATURED ARTICLES
BUSINESS
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.
ARTICLES BY DATE
BUSINESS
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.
Advertisement
BUSINESS
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.
BUSINESS
April 3, 2001
The Irvine provider of Internet security posted a fourth-quarter net loss of $33.9 million, or $3.45 a share, which included a noncash charge of $31.4 million related to the purchase of Pulsar Data Systems Inc. in June 1999. The net loss for the year-earlier fourth quarter was $3.2 million, or 33 cents a share. Revenue declined 8% to $10.5 million. For the year, the net loss totaled $41.4 million, or $4.20 a share, compared with the prior year's net loss of $7.1 million, or $1 a share.
BUSINESS
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.
BUSINESS
August 17, 1999
The Irvine provider of Internet data security products and services said it lost $1.5 million, or 31 cents a share, in the second quarter, compared with a net loss of $160,000, or 4 cents a share, for the same quarter last year. Revenue increased 80% to $2.7 million, reflecting the acquisition of Pulsar Data Systems.
BUSINESS
November 11, 1999 | Dow Jones
Irvine-based Litronic Inc. said chief financial officer Tom W. Seykora resigned to pursue other interests. The Internet data security services company said its controller, Ray Russomanno, will assume Seykora's post until a permanent successor is found.
BUSINESS
November 9, 1999
Litronic Inc.: The Irvine provider of Internet data security services said it lost $1.4 million, or 14 cents a share, for the third quarter, compared with a net loss of $467,000, or 12 cents a share, for the same period last year. Revenue rose to $16.1 million from $1.8 million.
BUSINESS
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.
BUSINESS
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.
BUSINESS
November 11, 1999 | Dow Jones
Irvine-based Litronic Inc. said chief financial officer Tom W. Seykora resigned to pursue other interests. The Internet data security services company said its controller, Ray Russomanno, will assume Seykora's post until a permanent successor is found.
Los Angeles Times Articles
|