Advanced Photonix Loses $1.4 Million in 3rd Quarter

Advanced Photonix Inc. reported a loss of $1.4 million for the third quarter that ended Dec. 31, 1993. The company had reported a loss of $400,000 for the same period in 1992.

Revenues for the third quarter totaled $4.9 million, compared to $5.8 million for the third quarter in 1992. The Camarillo-based company produces and markets photodetector devices and electronics.