Revenue: $39.6 million compared with $46.9 million in the third quarter of 2013.
Analysis: Gross margin from continuing operations was $13.3 million compared to $17.2 million from the third quarter of 2013, and gross margin percentage was 33.7 percent compared to 36.8 percent in the previous year’s third quarter. The company also paid out $2.7 million in 1Q 2014 for separation expenses upon the resignation of two executives.
