RiT Technologies Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net loss, which included $186,000 in stock-based compensation expenses, was $1.8 million, or $0.14 per share, compared with $1.8 million or $0.20 per share in the year ago period. Revenues were $2.0 million compared to $3.3 million a year ago. Sales were $2,006,000 against $3,294,000 a year ago. Operating loss was $1,748,000 against $1,759,000 a year ago. Loss before income tax expense was $1,751,000 against $1,796,000 a year ago.

For nine months, the company reported sales of $5,696,000 against $8,198,000 a year ago. Operating loss was $6,182,000 against $6,178,000 a year ago. Loss before income tax expense was $6,234,000 against $6,272,000 a year ago. Net loss was $6,234,000 or $0.49 per share basic and diluted against $6,272,000 or $0.73 per share a year ago.