MTI Technology Corp.: The Anaheim data-storage company...

MTI Technology Corp.: The Anaheim data-storage company reported a net loss of $3.4 million, or 17 cents a share, in the second fiscal quarter ended Sept. 30, contrasted with profit of $317,000, or 2 cents a share, for the same quarter last year. Revenue rose to $34.3 million from $34.2 million. For the first half, the company lost $7.6 million, or 39 cents a share, compared with a net loss of $366,000, or 2 cents a share, for the first six months of the prior fiscal year. Revenue was flat at $67.9 million.

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