Metalclad Corp.

The Newport Beach insulation company lost $1.4 million, or 28 cents a share, for the third quarter, compared with a net loss of $2.7 million, or 72 cents a share, for the same period last year. Revenue was up 20% to $12.2 million. Metalclad also said it has begun to identify potential merger or acquisition candidates, though it has yet to collect on $16.7 million, or $3 a share, awarded it under a North American Free Trade Agreement arbitration over Mexico’s seizure of its facility in San Luis Polosi. Mexico is asking the Supreme Court of British Columbia to overturn the award.