OCE Q3 SALES FALL 10%

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OCE Q3 SALES FALL 10%

 user 2009-10-09 at 10:36:38 am Views: 48
  • #22536

    http://www.123jump.com/earnings-story/Oce-Sales-Fell-10/34702/
    OCE SALES FALL 10%
    Oce N.V. third quarter revenues fell 10% to €631 million and net loss was €25.7 million or €0.31 a share. Frankfurt, Germany – Oce N.V. revenues fell 10% and net loss was €25.7 million.Oce N.V., a printer maker said third quarter revenues fell 10% to €631 million from €700 million a year ago. Net loss in the quarter was €25.7 million or €0.31 per diluted share compared to net loss of €24.2 million or €0.29 per share a year ago.Oce N.V., in the last one year traded as high as €4.25 in May 2009 and as low as €4.05 in March 2009. Based on the yesterday’s closing price of €4.05 the company has market cap of €353.79 million.