NewYork-quoted ISC reported a net loss of $3.2m for the three months to 31 March,versus $1.5m worth of red ink in the comparable leg of 2013.
Despitethe loss, which didn’t catch forecasters off guard since the owner issued aprofit warning earlier this month, the company declared a quarterly payout of$0.25 per share.
Ina statement chief executive Niels Johnsen assured investors that managementremains committed to returning capital to the Mobile, Alabama-based owner’sshareholders.
“[ISC]remains