Irvine PC maker Gateway Inc. on Tuesday reported a smaller first-quarter loss than a year earlier amid a fall in sales.
Gateway lost $8.6 million in the quarter, versus a loss of $12.3 million a year earlier. Revenue fell almost 7% to $1 billion from a year earlier.
The results topped estimates from analysts.
Gateway sold 1.25 million PCs during the quarter, a 9% decline from a year earlier. Sales through stores continued to make up the bulk of sales at $766 million.
The company held its spot as the No. 3 PC seller in the quarter, after Dell Inc.
and Hewlett-Packard Co.
