04:36 PM EST - Empirical Inc. : released its results for the first quarter ended March 31, 2008. Revenue for the quarter ended March 31, 2008 of $2.2 million was down compared to $3.1 million for the same period in 2007. The Net Loss for the quarter ended March 31, 2008 was $1.2 million which is an improvement compared to a Net Loss of $1.5 million for the same period in 2007. Empirical Inc.
shares V.EM are trading up 20 percent at $0.03.
