Scoop Inc. The Irvine provider of business...

Scoop Inc. The Irvine provider of business information services incurred a net loss of $1.7 million, or 29 cents a share, for the third quarter, compared with a net loss of $769,300, or 19 cents a share, for the corresponding year-earlier period. Revenue increased 60% to $530,100 from $331,400. The company attributed the larger losses to higher outlays for research and development and marketing costs associated with its new Web-based professional information service.

The year-to-date net loss was $3.3 million, or 65 cents a share, compared with a net loss of $1.4 million, or 42 cents a share, for the first three quarters last year. Sales were up 53% to $1.5 million from $978,400.