Sales Dip Hurts Procom in Third Quarter

Procom Technology Inc., a Santa Ana data storage company, said it lost $2.5 million, or 22 cents a share, for the third fiscal quarter ended April 30. A year ago, the company posted a loss of $3 million, or 27 cents a share, including a charge of $1.6 million for restructuring and other items. Sales declined 39% to $13.8 million.