Preview - Please log in to view full article.

Article Date: February 2001
Word Count: 100

CANNONDALE records a Q2 loss of $10.6


CANNONDALErecords a Q2 loss of $10.6 million against income of $654,000. The big loss isblamed primarily on an $8.8 million valuation allowance for net deferred taxassets. BIKE also takes a $552,000 loss in the period related to its earlyrepayment of $12 million in long-term debt. The bicycle unit had pre-tax ... Log in to view full article.

 

Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.