Comarco reports rise in quarterly revenue

Comarco, a provider of mobile power solutions, has revealed that company revenue for the first quarter of fiscal 2011 was $7.5m (£5.1m), an increase of 272 per cent from $2m in the first quarter of fiscal 2010. 

The company reported a net loss of $0.7m, or $0.10 per share, which compares with a net loss of $2.8m, or $0.39 per share, in the first quarter of fiscal 2010.