Kona Grill trims losses in third quarter

Kona Grill Inc., parent to the 25-unit American grill and sushi bar, reported third-quarter revenue rose 7.1 percent and same-store sales were flat, helping it trim losses from the same quarter last year.

For the quarter ended Sept. 30, Kona said two new restaurants from the prior-year period helped it increase sales to $21.6 million, from $20.2 million and trim a net loss to $441,000, from $1 million last year. Per-share loss was 5 cents in the third quarter compared to 11 ce

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