Brief: Creative Technology Posts Qtrly Net Loss Attributable Of $5.7 Mln

Creative Technology

30/10/2019 12:17

Oct 30 (Reuters) - Creative Technology Ltd  CREA.SI :
    * QTRLY NET SALES $14 MILLION VERSUS $13.2 MILLION
    * QTRLY NET LOSS ATTRIBUTABLE $5.7 MILLION VERSUS LOSS OF
$6.1
MILLION
    * REVENUE IS EXPECTED TO BE HIGHER FOR HOLIDAY SEASON IN
THIS
QUARTER COMPARED TO CURRENT LEVEL
    * GROUP EXPECTS AN IMPROVEMENT IN OPERATING RESULTS FOR
QUARTER
FROM CURRENT LEVEL
    * "OVERALL MARKET FOR GROUP'S PRODUCTS REMAINS CHALLENGING"

Source text for Eikon:  ID:nSNZ2TxJ1H 
Further company coverage:  CREA.SI 

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