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Irvine Sensors hikes revenue, but still posts net loss

Driven by gains in contract research and development, Costa Mesa, Calif.-based Irvine Sensors Corp. increased its total revenues by 10% in fiscal 2004, but still posted a net loss of $4.1 million. FY '04 total revenues were $13.9 million, up about $1.2 million from FY '03's total revenues of $12.6...

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