LeCroy reports second-quarter loss
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- August
- 6
LeCroy Corp. of Chestnut Ridge said this morning its second-quarter loss narrowed to $800,000 during the fourth quarter of its fiscal 2007, compared with a loss of $2.2 million a year earlier.
On a per-share basis, the company lost 7 cents in the quarter that ended in June, compared with 19 cents in the last quarter of 2006.
Revenue rose to $40.7 million, from $36.8 million.
The company also reports its quarterly earnings on a basis that does not comply with generally accepted accounting principles. On that basis, the company earned $2.9 million, or 24 cents a share, compared with a profit of $1.4 million, or 12 cents a share, a year earlier.
LeCroy provides oscilloscopes, which are devices that measure the strength of signals in computer chips.
This entry was posted
on Wednesday, August 6th, 2008 at 7:27 am by Allan Drury.
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