Merisel Inc, El Segundo, California computer products distributor that has flirted with Chapter 11 (CI No 3,143), reported first- quarter net income of $1.1m, or $0.04 per share, on revenue down 28% at $1.1bn, compared to a net loss of $13.5m a year ago. The company attributes the positive results to an increasingly strong margins […]
Merisel Inc, El Segundo, California computer products distributor that has flirted with Chapter 11 (CI No 3,143), reported first- quarter net income of $1.1m, or $0.04 per share, on revenue down 28% at $1.1bn, compared to a net loss of $13.5m a year ago. The company attributes the positive results to an increasingly strong margins and continued control of expenses.
