Technology
The company's professional business lost $8.3 million in the quarter, as unit shipments and revenue both declined year over year. Gateway said these declines were due to market-share erosion.
Direct sales, those booked by telephone or over the Internet, also suffered, with total revenue of $77 million, down 31% year over year. Snyder said that the professional business showed improvement and that the direct sales division was "repositioned to regain positive momentum," and noted that initiatives in marketing, manufacturing and tech support will launch in the second half of the year. The company did not provide any financial guidance for the current quarter.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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| 12,419.86 | 1,313.32 | 2,837.36 | 16.25 |
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