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OraLabs Reports $3 Million 2Q Revenues

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By: TOM BRANNA

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OraLabs Holding Corp. reported that second quarter revenues were $3 million, down from $3.4 millionin the same period of 2003. Reduced revenue along with higher operating costs were blamed for thesecond quarter 2004 loss.OraLabs executives said the company has invested in facility and equipment upgrades, as well asadditional management. OraLabs also had higher-than-usual legal fees stemming from the pendingintellectual property litigation the company commenced in 2003.“The company is makin...

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