11:05 AM EST - ART Advanced Research Technologies Inc. : reported fourth quarter net income of US$1.35 million, US$0.03 per share, compared to a net loss of US$3.31 million or US$0.08 per share in the same quarter last year. Revenues for the quarter were US$629 thousand, down from US$1.24 million in the year ago quarter. For the fiscal year, the company posted a net loss of US$8.75 million or US$0.18 per share, compared to a net loss of US$13.13 million or US$0.31 per share in the last year. Revenues for the period declined to US$3.1 million, from US$4.13 million in the previous year. ART Advanced Research Technologies Inc.
shares T.ARA are trading unchagned at $0.55.
