Odetics Reports $20-Million Loss

Odetics Inc., an Anaheim high-technology incubator, reported a third-quarter net loss of $20 million, or $1.90 a share, including $9.4 million in charges from staffing reductions and reorganization. A year ago, the company earned $20.7 million, or $2.18 a share. Revenue for the three months ended Dec. 31 declined 4% to $18.9 million.