Article: Kideo Productions, Inc. reports first quarter results.

NEW YORK--(BUSINESS WIRE)--Dec. 11, 1996--Kideo Productions, Inc. (NASDAQ: KIDO; KIDO) today announced results for its first quarter ended October 31, 1996.

Sales for the first quarter were $106,000, compared to $127,000 for the quarter ended October 31, 1995. Net loss was $1 million; $0.34 per share compared to a pro forma net loss of $542,000; $0.40 per share for the prior year's first quarter. Units shipped were 4,100 compared to 4,800 for the same period in the prior year. However, late October orders swelled the backlog to 5,100 units from 1,400 in the year earlier period.

The first quarter loss in the current year includes $240,000 related ...

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