Sphere 3D reports 3Q loss

MISSISSAUGA, Ontario (AP) _ Sphere 3D Corp. (ANY) on Thursday reported a loss of $3.5 million in its third quarter.

On a per-share basis, the Mississauga, Ontario-based company said it had a loss of 59 cents. Losses, adjusted for non-recurring costs, were 11 cents per share.

The virtualization technology provider posted revenue of $21.7 million in the period.

In the final minutes of trading on Thursday, the company's shares hit $2.98. A year ago, they were trading at $14.75.

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