Odetics’ Net Loss Dips to $7.8 Million

Odetics Inc., an Anaheim developer of communications and technology companies, said the net loss for its fiscal fourth quarter narrowed to $7.8 million, or 74 cents a share, from a net loss of $13.9 million, or $1.51 a share, for last year’s fourth quarter. Revenue increased 4% to $19.6 million.