LRAD: Fiscal 3Q Earnings Snapshot
SAN DIEGO (AP) _ LRAD Corp. (LRAD) on Monday reported fiscal third-quarter net income of $638,000, after reporting a loss in the same period a year earlier.
The San Diego-based company said it had profit of 2 cents per share.
The developer of directed sound technologies used by the military and police posted revenue of $8.9 million in the period.
In the final minutes of trading on Monday, the company’s shares hit $3.95. A year ago, they were trading at $2.82.