NAME: Verso Technologies
2007 VARBusiness 500 RANK: 383
CEO: Steve Odom
TICKER SYMBOL: VRSO
STOCK PRICE, JAN. 3, 2007: $1.16
STOCK PRICE, DEC. 14, 2007: $0.37
PCT. CHANGE: -68.1%
SPECIALTY: Networking solutions for telecommunications service providers and enterprises.
FINANCIALS: Company has lost $16.5 million through three quarters this year, after losing $13.4 million in the year-ago period. Revenue has increased to $38.2 million from $28.5 million for the same periods.