Tivoli Industries Inc.
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The Santa Ana designer and manufacturer of specialty lighting posted a net loss of $591,583, or 15 cents a share, for the fourth quarter ended Sept. 30, compared with net income of $138,622, or 3 cents a share, a year ago. Sales were down 12% to $2.3 million from $2.6 million.
For the year, the company reported a net loss of $626,332, or 16 cents a share, contrasted with a profit of $511,762, or 12 cents a share, a year ago. Sales declined 2% to $9.6 million from $9.8 million. The company said sales in fiscal 1997 benefited from a large one-time order of more than $1.2 million.
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