ORANGE COUNTY EARNINGS
Pacific Biometrics Inc.: The Lake Forest diagnostics and laboratory services company reported a first-quarter net loss of $1.4 million, or 38 cents a share, compared with a net loss of $623,881, or 17 cents a share, a year ago. Revenue for the quarter ended Sept. 30 declined 52% to $306,954 from $638,347. The company attributed the lower revenue primarily to two laboratory contracts that lapsed during the first half of the previous year.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.