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Article: Rimage Corporation Reports 1997 First Quarter Results
- Article from:
- PR Newswire
- Article date:
- May 14, 1997
CopyrightCOPYRIGHT 1997 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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MINNEAPOLIS, May 14 /PRNewswire/ -- Rimage Corporation (Nasdaq: RIMG) today reported its consolidated financial results for the first quarter of 1997. Rimage Corporation (Rimage or the Company) provides systems and services for publishing information on CD-R, CD-ROM, diskette and tape. Rimage provides for the sale of systems through its Systems Group and for the sale of services through its Services Group.
Revenues for the first quarter of 1997 were $10,826,773, a 2.0% decrease from the first quarter of 1996 revenues of $11,050,506. This decrease in revenues was primarily due to a decline in Services Group revenues that resulted from the loss of one customer ...