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Keyword: gtw

Gateway Posts Weaker 4Q Results, Gets SEC Notice (Gateway Deathwatch Rolls On!)

01/29/2003 2:49:02 PM PST · by Timesink · 75 replies · 364+ views
Dow Jones ^ | January 29, 2003

Dow Jones Business News Gateway Posts Weaker 4Q Results, Gets SEC NoticeWednesday January 29, 5:41 pm ET POWAY, Calif. -- Gateway Inc. (NYSE:GTW - News) swung to a net loss in the fourth quarter on lower revenue. The personal-computer maker late Wednesday reported a net loss of $72 million, or 22 cents a share, compared with year-earlier net income of $9.4 million, or three cents a share. Revenue fell 7% to $1.06 billion from $1.14 billion. The company warned earlier this month it expected a loss of 18 cents to 19 cents a share on revenue of $1.06 billion. Gateway...

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