PDA Engineering: The Costa Mesa software and...

PDA Engineering: The Costa Mesa software and engineering services company lost $1.3 million, or 16 cents a share, for its latest fiscal quarter. That contrasted with a profit of $792,000, or 8 cents a share, for the same period a year earlier. Revenue for the company’s third quarter, which ended March 31, dropped 14% to $8.9 million from $10.4 million. For the first nine months of its fiscal year, the company reported a loss of $776,000, or 9 cents a share. That contrasted with a profit of $3.4 million, or 33 cents a share, for the same period a year earlier, when the company had a gain of $840,000 from an accounting change. Nine-month revenue declined 9% to $28.1 million from $30.8 million.