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Evans & Sutherland Reports Third Quarter Results.

Publication: Business Wire
Publication Date: 16-OCT-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors

SALT LAKE CITY--(BUSINESS WIRE)--Oct. 16, 2003

Evans & Sutherland Computer Corporation (E&S(R)) (Nasdaq:ESCC) today reported financial results for the three months ended September 26, 2003. All results are unaudited.

For the three months ended September 26, 2003, E&S reported total sales of $23.4 million, compared to $26.6 million in the same period of 2002. The company reported an operating loss of $2.9 million prior to restructuring charges of $2.6 million, compared to a loss of $1.2 million prior to a gain of $0.2 million from the sale of a business unit in the same period of the previous year. Including the restructuring and gain items, operating loss was $5.5 million for the three months ended September 26, 2003, compared to a loss of $1.0 million in the same period of the previous year. The net loss was $6.2 million, or $.59 per...

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