ORANGE COUNTY EARNINGS
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Bristol Retail Solutions Inc.: The Newport Beach maker of retail automation products reported a loss of $339,000, or 6 cents a share, compared with a loss of $196,000, or 4 cents a share, in the same period last year. Revenue increased 32%, to a record $9.4 million from $7.1 million a year ago. The company attributed the loss to lower gross margins, resulting from having to discount new point-of-sale products. The increased revenue came from growth that can be best seen in the company’s backlog, which has risen 27% over the same year-ago period.
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