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

MTI Technology Corp.: The Anaheim computer storage company reported a net loss of $3.2 million, or 17 cents a share, for the third quarter ended Dec. 30, compared with net income of $208,000, or 1 cent a share, for the same quarter last year. Revenue rose 2% to $35.1 million from $34.3 million.

For the first nine months, MTI lost $10.9 million, or 56 cents a share, compared with a year-earlier net loss of $158,000, or 1 cent a share. Revenue was up slightly to $103 million from $102.2 million.