Perceptronics Reports Net Loss of $268,800

Perceptronics Inc., Woodland Hills, reported a net loss for the third quarter ended Dec. 31, 1999, of $268,800 compared with net income of $59,800 for the third quarter the previous year. Revenues dropped to $32,100 from $1.26 million. The company attributed the results in part to increased research and development costs.

Perceptronics develops interactive software for the Internet.