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Gateway Swings to Profit
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Updated from 5:42 p.m. EST
Gateway(GTW Quote) swung to a profit in the fourth quarter, despite slumping PC sales.
Sales in the three months ended Dec. 31 totaled $1.02 billion, in line with analysts' expectations and down from $1.12 billion at the same time last year.
Net income was $8.8 million, or 2 cents a share, vs. a loss of $20.9 million, or 5 cents a share, a year ago. ...
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