Alton Group Inc.: The Garden Grove manufacturer...
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Alton Group Inc.: The Garden Grove manufacturer of medical instruments reported a loss of $617,000, or 8 cents a share, for its latest fiscal quarter, contrasted with profit of $169,000, or 5 cents a share, for the same period a year earlier. Sales for the third quarter ended March 31 rose to $2 million from $281,000. For the nine-month period, the company posted a loss of $956,000, or 20 cents a share, contrasted with a profit of $114,000, or 4 cents a share, a year earlier. Nine-month sales were $2.3 million, up from $882,000.
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