Arix Corp, another victim of over optimistic OEM customers, says it expects its fourth quarter loss to widen from the $4m loss reported in its fiscal third quarter on sales down from the $5.2m of the third quarter: the company inter alia blames shortage of cash that prevented it buying parts it needed, and government orders coming through late; in the final quarter of last fiscal, the company reported a loss of $21.8m on $7m sales.
