BINGHAMTON, N.Y. -- Semiconductor Laser International Corp. here announced that for the third quarter, ended Sept. 30, revenues totaled $441,000, a decline of 26% from $600,000 for the same period in the prior year.
SLI also reported a net loss of $718,000, which compares with a net loss of $1.1 million in the third quarter of fiscal 1998. The net loss per share was 5 cents, as compared to a loss of 11 cents per share for the third quarter of 1998, when there were approximately 3,4 million fewer shares outstanding.
For the nine months ended Sept. 30, SLI's revenues were $1.1 million versus $1.3 million for the same period for the prior year. Net loss during this period was $2.7 million compared to a net loss of $3.1 million in the first nine months of 1998.