In the third quarter, NUR made revenues of 13.14m ($20.9m) a slump of 33% on the same period last year. Net loss for the period was 754,400, compared to a net profit of 52,200 in the third quarter of 2001.
The figures took the companys revenues for the first nine months of the year to 41.3m a decrease of 28% on the first three quarters of last year. The firms net loss for the year to date stands at 4.4m compared to a net loss of 4.08m.
NUR Macroprinters chief executive Erez Shachar said that he believed in the companys ability to manage its resources and expenses during what were tough times. He added that the company was working to bolster its performance in the Asia-Pacific region.
As PrintWeek went to press, NURs share-price on the Nasdaq had risen from a low of 41p to 45p.
Have your say in the Printweek Poll
Related stories
Latest comments
"15 x members? Why don't they throw their lot in with the Strategic Mailing Partnership (SMP) and get a louder voice?"
"Some forty plus years ago I was at a "sales" training seminar and got chatting to the trainer after the session had finished.
In that conversation he told me about another seminar he had..."
Up next...
Further breathing space
'Serious group' interested in Highcon, new deadline set
Automation welcomed
Colourbridge enhances efficiency with new Duplo multi-finisher
New business unit includes OpSec
