11:58 AM EST - Royal Laser Corp. : posted a wider loss from continuing operations in its third quarter, but revenues rose from last year, helped by higher returns from the VSI flat-rolled steel processing business. The company's third-quarter net loss from continuing operations was $3.23 million or $0.03 per share, compared to a net loss of $1.09 million or $0.01 per share in the prior year quarter. Net loss before taxes from continuing operations for the latest quarter totaled $2.70 million, compared to a loss of $2.87 million in the same quarter of last year. Quarterly revenues rose to $45.2 million from $44.7 million reported last year, aided by increased revenue in the Venture Steel Inc. or VSI flat-rolled steel processing business. Royal Laser Corp.
shares T.RLC are trading down $0.025 at $0.26.
