Grip Technologies Narrows Its Annual Loss

Grip Technologies Inc., which makes golf grips, said it lost $1.6 million, or 33 cents a share, for the fiscal year ended July 31, compared with a net loss of $3.4 million, or $1.11 per share, for the prior year. Sales rose to $3.1 million from $1.1 million. The fourth-quarter net loss narrowed to $415,492, or 8 cents a share, from a net loss of $2 million, or 61 cents a share, for the fourth quarter a year ago. Sales advanced to $1.1 million from $250,000.