Source Scientific Inc.: The Garden Grove analytical...
Source Scientific Inc.: The Garden Grove analytical and diagnostic instrument manufacturer said it lost $214,000, or 2 cents a share, in its second quarter ended Dec. 31. That compares with a net loss of $224,000, or 7 cents a share, for the comparable quarter a year ago. Revenue rose to $1.2 million from $122,000. For the first half, the company reported a net loss of $128,000, or 1 cent a share, compared with a net loss of $340,000, or 11 cents a share, for the first six months of the prior fiscal year. Sales increased to $2.6 million from $289,000. The company attributed the revenue increase to an acquisition in January, 1994.