MyCelx Posts Narrower 2012 Pretax Loss

MyCelx Technologies reported a narrower 2012 pretax loss. MyCelx's revenue for the year surged 97% to $12.30 million, from $6.26 million, in the year-ago period. Its loss before tax narrowed to $1.60 million from $2.85 million, while diluted loss per share narrowed to $0.15 from $0.30.