STAMFORD, Conn.—Wireless Internet veteran i3 Mobile Inc. reported revenues for the fourth quarter, ended Dec. 31, of $900,000 and a net loss of $9.6 million. After the news, investors sent the company’s stock down 20 percent to about $1.90 per share.
In the fourth quarter of last year, the company reported $1 million in revenues and a net loss of $9.7 million.
