Orange 21 Reports Another, Larger Loss But Sees Stability Ahead

2007-04-26T00:00:00

The parent company of Spy Optics had to rid itself of excess inventory in 2006, adding $3 million in costs and causing its gross margin to shrink to 41 percent, as compared to 49 percent in 2005. The net loss for the year was $7.3 million, compared with a loss ...

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