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Gateway Narrows Loss, Sales Fall

Irvine-based Gateway Inc. on Thursday nearly erased its loss for the first quarter, but it saw a slight drop in revenue as the computer maker continued with ongoing restructuring efforts.

Gateway lost $5 million, or 1 cent a share, compared to the $171.5 million, or 51 cents a share, lost in the year-ago period, MarketWatch reported. Excluding $8 million in restructuring expenses, Gateway would have earned a penny a share.

*For more on this story,


read the full MarketWatch article.

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