SM & A; Corp., Newport Beach, posted a net loss of $1.3 million on revenue of $28.1 million for the fourth quarter ended Dec. 31, compared with earnings of $1.9 million on revenue of $24.6 million in the fourth quarter of 1998. For the year, the company reported earnings of $4.01 million on revenue of $106.7 million, compared with earnings of $7.7 million on revenue of $68.4 million in 1998.
American Vanguard Corp., Newport Beach, reported earnings of $2.5 million on revenue of $24.2 million for the fourth quarter ended Dec. 31, compared with earnings of $2.1 million on revenue of $27.0 million in the previous fourth quarter. For the year, the company posted earnings of $3.2 million on revenue of $69.2 million, compared with earnings of $2.1 million on revenue of $67.0 million in 1998.
American National Financial Inc., Irvine, reported a net loss of $561,000 on revenue of $18.1 million in the fourth quarter ended Dec. 31, compared with earnings of $2.4 million on revenue of $25.7 million in the fourth quarter of 1998. For the year, the company posted earnings of $5.6 million on revenue of $58.4 million, compared with earnings of $6.9 million on revenue of $59.2 million in 1998.
STM Wireless Inc., Irvine, reported earnings of $30,000 on revenue of $6.6 million for the fourth quarter ended Dec. 31, compared with a net loss of $9.8 million on revenue of $11.1 million in the fourth quarter of 1998. For the year, the company posted a net loss of $8.3 million on revenue of $20.0 million, compared with a net loss of $9.4 million on revenue of $39.4 million in 1998.
MotorVac Technologies Inc., Santa Ana, posted earnings of $324,000 on revenue of $3.0 million for the fourth quarter ended Dec. 31, compared with earnings of $174,000 on revenue of $2.6 million in the fourth quarter of 1998. For the year, the company reported earnings of $1.4 million on revenue of $15.1 million, compared with a net loss of $385,000 on revenue of $10.0 million in 1998.
California Software Corp., Santa Ana, posted earnings of $2.8 million on revenue of $10.2 million for the 12 months ended Dec. 31, compared with a net loss of $20,000 on no revenue in 1998.
California Coastal Communities Inc., Irvine, reported earnings of $600,000 (including a $1.5 million non-recurring gain due to a change in valuation of a disposed business) on no revenue in the fourth quarter ended Dec. 31, compared with a net loss of $1.1 million on no revenue in the fourth quarter of 1998. For the year, the company posted a net loss of $1.6 million (including the non-recurring gain) on no revenue, compared with earnings of $4.2 million (including a $6.1 million gain for disposition of assets) on revenue of $2.1 million in 1998.
