Business Digest: Feb. 13, 2009

There are 1 comment on the Santa Cruz Sentinel story from Feb 13, 2009, titled Business Digest: Feb. 13, 2009. In it, Santa Cruz Sentinel reports that:

GraphOn Corp., a small Internet software developer, reported a fourth quarter loss of $582,700 on revenues of $2.43 million compared to net income of $3.21 million on revenues of $7.77 million a year ago.

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Santa Cruz, CA

#1 Feb 13, 2009
"Robert Dilworth, chief executive officer, said he was pleased the company managed modest growth despite the global economic downturn."

A net loss for the quarter, as well as for the year; fourth quarter revenues and annual revenues down year-over-year.

Such "growth" is very modest indeed!

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