ALSO
Bonded Motors Inc. reported an after-tax loss of $2.56 million, or 83 cents a share, for its third quarter, contrasted with a profit of $478,203, or 16 cents, a year ago. The company’s pretax loss was $484,101. The Los Angeles-based company, which remanufactures car and light truck engines, said revenue plunged 25% to $8.1 million. In its earnings report on Monday, the company said the losses put it in violation of its working capital line of credit and it may need to seek additional financing.
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