OTI Reports FY 2008 First Nine Months and Third Quarter Financial Results
— First Nine Months Revenues of $31.1 Million Compared to $30.5 Million in First Nine Months of 2007; — Third Quarter 2008 Compared to Third Quarter 2007: Revenues Up 10% to $10.9 million; Gross Margin Climbed to 44% from 36%; Non-GAAP Net Loss Down 46% to $3.2 Million; GAAP Net Loss Down 39% to $4.8 Million