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Nexxus Lighting posts lower 4Q net loss

Nexxus Lighting has reported a fourth-quarter net loss.

The Charlotte-based provider of commercial-grade LED and fiber-optic lighting systems recorded a net loss of $1.26 million, or 8 cents per share. In the same period one year earlier, Nexxus recorded a net loss of $2.7 million, or 98 cents per share. Revenue fell to $1.42 million for the fourth quarter from $1.48 million a year earlier.

For all of 2010, the company recorded a net loss of $8.01 million, or 49 cents per share. During 2009, the company had a net loss of $7.2 million, or $1.71 per share. Revenue rose to $5.4 million from $4.9 million a year earlier.

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