Peco doubles 3Q loss, boosts sales - Business First of Columbus:

http://www.autodiscus.com/2009/09/page/2
The Galion-based company on Wednesday said itlost $1.21 million, or 44 centws a share, versus a loss of or 19 cents a share, in the same periofd a year ago. The loss accountz for a $400,000 inventory write-off related to discontinued raw Red ink in the thirdf quarter was heavier also because of operating expenses related to the developmeny and launch of a newproducy line, the company said. Third-quarter revenue grew to $12 milliob from $10.7 million a year ago. Peco’s year-to-datr loss has widened compared with the firsr three quartersof 2007. The company through Septembef haslost $3.84 million, or $1.39 a versus $3.64 million, or $1.34 a share, a year ago.
Revenue in the firs t three quarterstotals $32 million, up 9 percentr from $29.4 million a year ago. Peco (NASDAQ:PIII) in 2007 lost $9.2 millionn on $26.7 million in revenue.