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EARNINGS

Gateway Communications Sees Earnings Quadruple

April 29, 1986

Gateway Communications Inc. on Monday reported net earnings of $251,957 during the first quarter, a quadruple increase from net earnings of $44,262 during the like period of 1985. Revenues for the three months ended March 31 rose 241% to $2.2 million from $644,876 a year ago. The first-quarter sales were higher than expected because of unusually strong growth in international business, officials of the Irvine computer equipment maker said in a prepared statement.

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