ORANGE COUNTY EARNINGS
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NAB Asset Corp.: The Mission Viejo financial services company reported a net loss of $1.2 million, or 24 cents a share, for the fourth quarter, compared with earnings from continuing operations of $372,000, or 7 cents a share, for the same period in 1997. Revenue increased 16% to $8.6 million from $7.4 million. Net income for the year totaled $162,000, or 3 cents a share. In 1997, the company earned $2.2 million, or 44 cents a share, which included a $1.4 million gain on the sale of Cars USA. Revenue rose to $42 million from $16.9 million.
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