Fantom Reports $6.8 Million Q3 Loss

Fantom Technologies Inc., reported a net loss of $6.8 million for its fiscal third quarter ended March 31, 2001. This compares with net income of $1.4 million for the year-earlier period. The company’s sales were $29.9 million compared with $56.9 million for the year-earlier period. For the nine months ended March 31, 2001, the Company recorded a net loss of $10.3 million, compared with net income of $9.0 million for the year-earlier period. Sales were $119.0 million, compared with $176.4 million for the year-earlier period.