StarTel Said It Expects Net Loss for 2nd Quarter
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StarTel Corp. of Irvine said Thursday that it will report a net loss for the second quarter of 1987, although the deficit is expected to be less than the company’s $716,000 loss during the first three months of the year.
StarTel, which manufactures computer products for telephone-related applications, said its second-quarter revenues will be about 20% above the $1.9 million recorded during the first quarter. The company’s second-quarter results will be announced later this month.
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