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Ditech Networks Posts Q4 Loss

Ditech Networks Inc. (DITC) Tuesday reported fourth-quarter net loss of $2.0 million or $0.08 per share, compared to net income of $0.5 million or $0.02 per share last year.

Adjusted net loss for the quarter was $1.8 million or $0.07 per share, compared to net income of $0.9 million or $0.03 per share last year.

Revenues grew to $5.6 million from $5.3 million in the corresponding period last year.

by RTTNews Staff Writer

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