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    XATA Corp tallies net loss in fiscal year 2001

    March 1, 2002
    XATA Corp has reported a $2.2-million net loss on revenue of $14.0 million for its fiscal year ended Sept 30, 2001. In 2000, the company earned $520,000

    XATA Corp has reported a $2.2-million net loss on revenue of $14.0 million for its fiscal year ended Sept 30, 2001. In 2000, the company earned $520,000 on revenue of $12.7 million. Revenue totaled $3.8 million in the fourth quarter of fiscal 2001 versus revenue of $3.3 million in the fourth quarter of fiscal 2000. Net loss for the fourth quarter was $617,000 compared with a net loss of $311,000 in the fourth quarter of fiscal 2000.