Bishop Narrows Losses to $330,000 in 3rd Quarter

Bishop Inc. reported that it narrowed its losses to $330,000 on sales of $2.4 million for the third quarter that ended June 30, compared to a loss of $2.2 million on sales of $2.6 million a year earlier.

Agoura Hills-based Bishop, which markets engineering and architectural products, also said it received a 60-day temporary exception to new rules established by the National Assn. of Securities Dealers requiring companies listed on the its National Market System to have a net worth of more than $4 million.