EARNINGS REPORTS
EARNINGS REPORTS
Financial News Network, Inc. reports $1.3 million loss for 1986 fiscal year on sales of $15.4 million. In previous fiscal year, FNN lost $859,464 on revenues of $10.6 million.
Telerate, Inc. broke $200 million revenue mark for first time in fiscal 1986. In 4th quarter, firm earned $11.1 million ($.25/share) on sales of $61 million. In year-ago quarter, Telerate earned $8.3 million ($.19/share) on sales of $41.8 million. Net for year was $38.8 million ($.87/share) on sales of $210.4 million.
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