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Technology / AI and automation

COMPANY RESULT: LANOPTICS LTD

LanOptics Ltd, Migdal Ha’mek, Israel-based Fast and Gigabit Ethernet switch developer and manufacturer, has reported fourth quarter net losses down at $997,000 from losses last time of $1.4m on revenue up 3.6% at $5.6m; net losses for the year to December 31 were $4.6m up from losses last time of $3.8m on revenue that rose 11.3% to $22.9m. The Israeli company reports in US dollars.

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CBR Staff Writer

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