The Panda Project Inc reported a fourth-quarter net loss of $3.7m on revenue down 32% at $290,000, down from a loss of $7.7m a year ago. For the year, net loss was $20.9m on revenue up 174% at $2.4m, down from a loss of $23.9m in 1996. Results include charges of $785,000 for the quarter […]
The Panda Project Inc reported a fourth-quarter net loss of $3.7m on revenue down 32% at $290,000, down from a loss of $7.7m a year ago. For the year, net loss was $20.9m on revenue up 174% at $2.4m, down from a loss of $23.9m in 1996. Results include charges of $785,000 for the quarter and $2.4m for the year associated with restructuring and layoffs (CI No 2,965).
