Alpha’s 4th-Quarter Losses Drop; Revenue Increases 6%

Alpha Microsystems narrowed its losses in the fourth quarter on a 6% increase in revenue.

The Santa Ana computer services company said it lost $674,000, or 6 cents a share, in the quarter, compared with a loss of $883,000, or 9 cents a share, for the comparable period a year earlier. Revenue for the three months ended Feb. 22 increased to $5.1 million from $4.8 million.

For the year, the net loss totaled $3.3 million, or 30 cents a share, compared with a net loss of $2.8 million, or 28 cents a share, for the prior fiscal year. Sales declined 18% to $19.3 million from $23.5 million. Revenue for the fiscal year ended Feb. 23, 1997, included $4.8 million from divested operations.