Optibase (OBAS) Reports a Q3 Loss

November 12, 2008 1:50 PM EST

Optibase Ltd. (NASDAQ: OBAS) reports a Q3 loss of $0.11 compared to a loss of $0.15 for the same period last year.

Revenues for the third quarter ended September 30, 2008 were $6.6 million compared with $5.7 million for the second quarter of 2008 and $5.2 million for the third quarter of 2007.

Optibase Ltd (Optibase) provides equipment for a range of professional video applications in the broadband Internet protocol television (IPTV), broadcast, government, enterprise and post-production markets.[SM]


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