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Gateway posts wider loss
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01-29-2004
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Gateway posts wider loss
Gateway posted a wider fourth-quarter loss, due partly to a shortage of its Media Center PCs and fierce price competition among rivals.
The company on Thursday reported a loss of $114 million, or 35 cents a share, for the quarter ended Dec. 31. That was in line with its warning earlier this month. Last year, the company reported a loss of $72 million, or 22 cents a share. Read more: CNet News. |
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