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Article: EMERSON RADIO REPORTS RESULTS
- Article from:
- PR Newswire
- Article date:
- March 11, 1992
CopyrightCOPYRIGHT 1992 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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EMERSON RADIO REPORTS RESULTS
NORTH BERGEN, N.J., March 11 /PRNewswire/ -- Emerson Radio Corp.
(NYSE: EME) today reported results for the full year and fourth quarter ended Dec. 31, 1991.
Emerson's efforts to achieve a successful operating turnaround by restructuring its operations around its core consumer electronics business continued to succeed, as evidenced by the profitable operating results of the core business for the second half of 1991. The renewed focus of Emerson's management on the core business has resulted in higher profit margins for the 12 months ended Dec. 31, 1991 as compared to the same period for 1990.
The ...