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Article: Dixon Ticonderoga Company posts 1990 net loss in a rebuilding year.
- Article from:
- PR Newswire
- Article date:
- December 14, 1990
CopyrightCOPYRIGHT 1990 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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DIXON TICONDEROGA COMPANY POSTS 1990 NET LOSS IN A REBUILDING YEAR
VERO BEACH, Fla., Dec. 14 /PRNewswire/ -- Dixon Ticonderoga Company (AMEX: DXT) reported a net loss in its fourth quarter and fiscal year ended Sept. 30, 1990 -- a year of substantial restructuring and rebuilding, President Gino N. Pala announced today.
For the fourth quarter, the company reported a loss from continuing operations of $1,138,000 (or 37 cents a share), on revenues of $21,518,000, compared with a loss of $2,359,000 (or 77 cents per share) on revenues of $21,818,000 in the fourth quarter of fiscal 1989. Net loss for the quarter was $2,324,000 (76 cents a share) reflecting a ...