BRIEF TRANSMISSIONS
BRIEF TRANSMISSIONS
Telerate Systems, Inc.'s fourth quarter 1988 earnings report shows first quarter-to-quarter and year-to-year earnings decline in recorded history. Telerate took some hard hits in the quarter, resulting in a 14% decline from the year-earlier quarter -- from $23.3 million to $20.5 million -- and a 15% decline from third quarter 1988 earnings of $23.6 million. Causes of the earnings drop include non-operating hit of $1 million on foreign exchange translations, $1 million for redundant
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