LoJack stock rises after profit, revenue improve

Boston police intercept a suspected stolen car.
Boston police intercept a suspected stolen car.Globe file photo

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Canton-based LoJack Corp., which provides vehicle theft recovery systems and fleet management solutions, last week posted quarterly revenue of $34.8 million, up 6 percent from a year earlier. Net income was $1.7 million, versus a net loss of $7.3 million in the year-earlier quarter. ‘‘Our strong third-quarter performance reflects the growing base of our

Stolen Vehicle Recovery units that are being pre-installed on

domestic dealer inventories,’’ said chief executive Randy

Ortiz. Such units accounted for 46 percent of total volume in

the quarter, he said.

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