The scientific equipment and security services company said it lost $1.64 million in the period, compared with a year-prior loss of $6.29 million.

Revenue rose 50% to $10.57 million from $7.04 million

"We continue to see strength in both of our core business segments, product sales and security services. We had a solid Q3, as demonstrated by our year over year revenue growth. Within Benchtop NMR we experienced our typical seasonal slowdown in the third quarter. This was partially offset, however, by a large medical imaging sale in the quarter. Our focus on efficiencies in both our manufacturing processes and service delivery is resulting in gross margin improvements and positive EBITDA," chief executive Sean Krakiwsky said.

The company's shares closed up $0.005 to $0.37 on the TSX Venture Exchange.

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