CompuServe Messages

CBM Loss

    20-Aug-92 02:37:00
Sb: #66488-CBM Loss
Fm: Steve Ahlstrom 76703,2006
To: Charles Hill 76370,3045
RTf 08/19 0925 COMMODORE <CBU.N> TO LAUNCH NEW PRODUCTS FOR XMAS NEW YORK, Aug 19, Reuter – Commodore International Ltd said it plans to launch new Amiga products for the Christmas season, which is "traditionally strong." The company said it sold one million Amiga units in fiscal 1992, which ended June 30. "We are also redoubling our efforts to expand our PC business and achieve substantially greater cost efficiencies," the company said. It reported a fourth quarter net loss of $21.9 million, or $0.66 per share, compared to net profit of $3.3 million, or $0.10 per share. The company's fourth quarter ended June 30.