Tuesday, May 8, 2007

Gateway net loss narrows as expenses decline

(Reuters) - The first-quarter net loss was $8.58 million, or 2 cents per share, compared with a loss of $12.3 million, or 3 cents per share, in the year-earlier quarter. Net sales slipped to $1.0 billion from $1.08 billion.

Analysts, on average, had forecast earnings per share of 1 cent before certain items and revenue of $938.6 million, according to Reuters Estimates.


Read more at Reuters.com Market News

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