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    Mass. Movers

    LoJack posts $1.7m profit a year after loss

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

    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

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    domestic dealer inventories,’’ said chief executive Randy

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

    the quarter, he said in a statement.