Litronic Loses $3.2 Million in the 4th Quarter

Litronic Inc., Irvine provider of Internet data security services, reported that its losses in the fourth quarter widened to $3.2 million, or 33 cents a share, from $500,000, or 14 cents a share, for the same period a year earlier. Revenue rose to $11.4 million from $1.7 million. For the year, the company lost $7.1 million, or $1 a share, compared with a loss of $1.4 million, or 36 cents a share, in 1998. Revenue totaled $31.7 million, up from $6.7 million