11:47 AM EST - Sirit Inc. : announced that its first-quarter net loss was $1.0 million, compared to a net loss of $1.3 million in the first quarter of 2008. On a per share basis, net loss was $0.01, compared to a loss of $0.01 in the year-ago quarter. Operating loss for the first quarter of 2009 was $900,000, compared with a $1.4-million operating loss in the same period of the prior year. Revenues for the quarter were $5.56 million, compared to $4.31 million in the prior year quarter. Sirit Inc.
shares T.SI are trading up $0.01 at $0.11.
