StarBase Posts Loss of $5.7 Million
IRVINE — Computer products company StarBase Corp. posted a net loss of $5.7 million, or 52 cents a share, for the fiscal year ended March 31, compared with a net loss of $5.9 million, or $1.01 a share, for the prior year.
Revenue advanced 5% to $1 million from $991,000. The fourth-quarter net loss totaled $1.9 million, or 16 cents a share, compared with $1.3 million, or 20 cents a share, for the like period last year. Revenue rose 3% to $273,000 from $264,000.