Statordyne Posts $2.1-Million Loss
Statordyne Corp., the Anaheim manufacturer of electrical power enhancement systems, said that it lost $2.1 million, or 46 cents a share, for the fiscal year ended June 30, compared with a year-earlier loss of $698,510, or 21 cents a share. Revenue totaled $405,328. The company did not report any revenue for fiscal 1993. For the fourth quarter, the company posted a loss of $590,697, or 13 cents a share, on revenue of $275,328. That compares with a loss of $280,100, or 8 cents a share, on no revenue for the comparable period a year earlier.
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