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MTI Technology Corp.: The Anaheim computer storage...

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MTI Technology Corp.: The Anaheim computer storage products company reported that profit for its third fiscal quarter, which ended Dec. 31, fell to $208,000, or 1 cent a share, from earnings of $1.2 million, or 8 cents a share, for the same period a year earlier. Revenue rose almost 7%, to $34.3 million from $32.2 million. For the first three quarters of its fiscal year, the company recorded a loss of $158,000, or 1 cent a share, contrasted with a profit of $1.5 million, or 9 cents a share, for the same period a year earlier. Nine-month revenue increased to $102.2 million from $85.8 million.

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