Xata’s 3Q Loss Widens; Revenue Rises 7.2%

Transportation software firm Xata Corp. said Thursday it lost $875,000 or 21 cents a share in its fiscal third quarter, compared with a loss of $559 million or 9 cents a year ago.

Revenue rose 7.2% to $8 billion for the quarter ended June 30, the company said Thursday.

Sales of the company’s XATANET systems and subscriptions grew 18% and 59%, respectively, for the third quarter and the first nine months of fiscal 2007 versus the same periods a year ago, Xata said.