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Article: Pure Tech second quarter operating loss of $0.09 per share, flat with pro forma year ago.
- Article from:
- Business Wire
- Article date:
- March 14, 1996
CopyrightCOPYRIGHT 1996 Business Wire. 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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RIDGEFIELD, N.J.--(BUSINESS WIRE)--March 14, 1996--Pure Tech International, Inc. (NASDAQ:PURT) reported an operating loss from continuing operations of $2.3 million, or $0.09 per share, for the second fiscal quarter ending January 31, 1996.
This compares with a pro forma operating loss of $0.09 per share in the year-ago period. Revenues for the 1996 quarter were $73.2 million, approximately equal to a year ago. Last year's pro forma results include purchase accounting adjustments and discontinued operations.
Including discontinued operations, the second quarter showed a net loss of $0.17 per share versus a pro forma loss of $0.10 per share in the same ...