MTI Technology Corp.: The Anaheim computer storage...

MTI Technology Corp.: The Anaheim computer storage products company said net income for the third quarter ended Jan. 4 reached $1.8 million, or 7 cents a share, contrasted with a net loss of $3.2 million, or 17 cents a share, for the same period of the previous year. Revenue climbed 11% to a record $38.9 million from $35.1 million. Net income for the first nine months was $3.5 million, or 13 cents a share, contrasted with a net loss of $10.9 million, or 56 cents a share, for the same period a year ago. Revenue rose 8% to $111.6 million from $103 million.