Optibase Ltd. (OBAS) Reports a Q3 Loss

November 11, 2009 7:16 AM EST

Optibase Ltd. (NASDAQ: OBAS) reports a Q3 loss of $0.04 compared to a loss of $0.11 for the same period last year.

Revenues for the third quarter ended September 30, 2009 were $3.2 million compared with $3.3 million for the second quarter of 2009 and $6.6 million for the third quarter of 2008.

Optibase provides video over IP solutions, specializing in video encoding, decoding and streaming for federal and state government agencies, Telco operators, enterprise organizations and the world's leading broadcast service providers.[SM]

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