Article: CXR reports second-quarter, six-months results.

CXR REPORTS SECOND-QUARTER, SIX-MONTHS RESULTS

SAN JOSE, Calif., Feb. 2 /PRNewswire/ -- CXR Corporation (AMEX: CXR), today reported results for the second quarter and six months ended Dec. 31, 1989.

"The results were impacted by costs associated with the merger of CXR Corporation with Digilog, Inc., and subsequent related consolidation costs. The benefits from the streamlining of operations will begin to appear in the second half of this year," F. Jack Gorry, president and chief executive officer, said.

For the second quarter, the company had a net loss of $1,440,000 (after one-time merger and restructuring costs of $1,335,000), or 19 ...

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