Urethane Technologies Inc.: The Santa Ana developer...

Urethane Technologies Inc.: The Santa Ana developer of polyurethane systems and production technology said it lost $907,996, or 13 cents a share, for the second quarter, compared to a net loss of $782,664, or 11 cents a share, for the year-earlier quarter. Revenue rose to $2.3 million from $625,667, a gain attributable to an acquisition in June. For the first six months of 1994, a net loss of $1.8 million, or 26 cents a share, was reported, compared to a net loss of $1.5 million, or 23 cents a share, a year ago. Revenue climbed to $2.7 million from $1.1 million.