Advertisement
YOU ARE HERE: LAT HomeCollections

VENTURA COUNTY BUSINESS | VENTURA COUNTY EARNINGS

Franklin Telecom Reports Loss of 4 Cents a Share

February 20, 2001

Franklin Telecommunications Corp. in Westlake Village, which makes high-speed voice-over Internet equipment and provides other telecommunications services, reported a net loss of $1.7 million, or 4 cents per share, for its fiscal second quarter, which ended Dec. 31.

The loss was slightly less than the $1.8 million, or 7 cents a share, reported a year earlier.

Sales for the quarter were $481,000, compared with $886,000 for the second quarter a year ago.

Chief Financial Officer Tom Russell said slow sales caused the company's losses.

Advertisement
Los Angeles Times Articles
|
|
|