Metalclad Corp.: The Newport Beach company, engaged...

Metalclad Corp.: The Newport Beach company, engaged in the development of industrial waste treatment facilities in Mexico and insulation services in Southern California, reported a net loss of $1.1 million, or 4 cents a share, for the third quarter. That compares with a net loss of $992,000, or 3 cents a share, for the period ended Aug. 31, 1996. The company changed from a fiscal year ended May 31 to a year ended Dec. 31. Revenue increased 53% to $2.9 million from $1.9 million. For the nine-month period, the net loss totaled $3.4 million, or 12 cents a share, compared with a year-earlier net loss of $5.2 million, or 19 cents a share. Revenue declined 15% to $7.9 million from $9.3 million.