Company Briefs: Interlink, PizzaRevFriday, November 15, 2013
Interlink Electronics Inc. broadened its net loss for the third quarter, the company announced on Friday.
The Camarillo manufacturer of touch pad and mouse technology reported a net loss of $98,000 (-13 cents a share) for the quarter ended Sept. 30, compared with a net loss of $34,000 (-5 cents) in the same period a year earlier. Revenue increased 11 percent to $1.8 million.
Chief Operating Officer Howard Goldberg said the company is currently focused on improving the flow of products from the research and development to production.
“In 2014, we expect to see several new products entering volume production phase and driving new revenues in our key market segments,” he said.
Shares were unchanged at $9 with no trades on the over-the-counter market.
PizzaRev, the Studio City-based fast-casual pizza chain, announced on Thursday that it will be expanding to two other San Fernando Valley locations.
A Burbank location at 175 E. Palm Avenue will open next month and a Van Nuys location at 5608 Van Nuys Blvd. has been slated to open in the first quarter of 2014.
Current locations include Northridge, Studio City, Woodland Hills, El Segundo and Oxnard.