Xata sees $1.7 million 1Q loss

   Xata Corp. had a loss of $1.7 million for the first quarter of its 2012 fiscal year ending Dec. 31, compared to a loss of $85,000 in the same period the year earlier.
   Revenue was $16.6 million in the quarter, compared to $14 million in the same 2010 period.
   The company said it experienced growth in both hardware and software revenues. Software revenue reached $11.7 million, a 3 percent increase over the same 2010 period. This was driven largely by a 52 percent increase in its Xata Turnpike software revenue.
   Hardware revenue was $4.5 million in the quarter, compared to $1.7 million in the same period a year earlier, largely due to increased adoption of the company’s X5 platform.