Lumera Corp. (
LMRA: chart), which makes polymer-based devices for the bioscience and electro-optics industries, widened its fourth-quarter losses to $3.13 million, or 17 cents per share, compared with $2.62 million, or 16 cents per share, in the year-ago period. Revenue climbed to $1.16 million versus $240,000 in the same period a year earlier.
AeroVironment Inc. (
AVAV: chart), maker of unmanned aircraft systems, said that its third-quarter net profit increased to $8.89 million, or 57 cents per share, compared with $4.39 million, or 29 cents per share, in the year-ago period. Revenue climbed to $46.3 million against $35.5 million in the same period a year earlier.
NovAtel Inc. (
NGPS: chart), maker of global positioning system receivers and components, reported fourth-quarter net income of C$5.14 million ($4.6 million) or 58 Canadian cents a share (52 cents), compared with C$5.13 million, or 58 Canadian cents a share, in the year-ago period. Revenues climbed to C$19.2 million versus C$16.2 million in the same period a year earlier.
Jones Soda Co. (
JSDA: chart), natural soda maker, said that its fourth-quarter net earnings increased to $2.06 million, or 8 cents per share, compared with $580,245, or 3 cents per share, in the year-ago period. Revenue climbed to $10.05 million against $8.75 million in the same period a year ago.
Encysive Pharmaceuticals (
ENCY: chart), drug developer, said fourth-quarter losses widened to $25.8 million, 44 cents a share, compared with $19.4 million, or 33 cents per share, a year earlier, due primarily to costs related to the launch of Thelin tablets in Europe and maintaining its commercial infrastructure in the U.S. Revenue declined to $5.4 million versus $5.6 million in the same period a year ago.