Dense-Pac Loses $493,449 for Quarter

Dense-Pac Microsystems Inc., maker of three-dimensional high-density memory products, said it lost $493,449, or 3 cents a share, for the third fiscal quarter, compared with a net loss of $984,802, or 6 cents a share, for the same period a year earlier.

Revenue for the quarter ended Nov. 30 increased 14% to $3.3 million from $2.9 million.

For the nine-month period, the company’s net loss narrowed to $684,548, or 4 cents a share, from $1.2 million, or 7 cents a share, a year earlier. Revenue rose 7% to $11.3 million from $10.6 million.