Syquest Technology Inc has reported a second quarter net loss of $1.6m, against a profit last time of $3.6m, on turnover down 10.0% at $46.3m; mid-term net fell 86.0% to $1.1m, after a gain of $346,000 from cumulative effect of an accounting change, on turnover that fell 9.1% at $93.7m. Net earnings per share fell 84% to $0.10 in the half.Computerised Financial Solutions Europe Ltd has reported pre-tax profits for 1993 up 790% at ?330,000, on turnover that rose 19% to ?1.11m.
COMPANY RESULTS
