<<Net loss for the fourth quarter of fiscal 2003 was $4.9 million, or
$0.05 per share, compared to a net loss of $17.4 million, or $0.18 per share,
for the fourth quarter of 2002 and a net loss of $5.9 million, or $0.06 per
share, for the third quarter of 2003. Revenues for the fourth quarter of
fiscal 2003 were $72.0 million compared to $67.7 million for the fourth
quarter of last year, and $56.8 million for the third quarter 2003.
Net loss for the fourth quarter of fiscal 2003 was $4.9 million, or
$0.05 per share, compared to a net loss of $17.4 million, or $0.18 per share,
for the fourth quarter of 2002 and a net loss of $5.9 million, or $0.06 per
share, for the third quarter of 2003. Revenues for the fourth quarter of
fiscal 2003 were $72.0 million compared to $67.7 million for the fourth
quarter of last year, and $56.8 million for the third quarter 2003. >>
In other words, sales were up sequentially by $15.2 million. And the bottom line improved by $1.0 million.
I think that sucks, in a strong quarter for the industry.
Apparently, MRV is going to have to get sales up to 100M/quarter to ever start making money. |
