Wang Laboratories Inc.: The Lowell, Mass., producer...
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From Times Staff and Wire Reports
Wang Laboratories Inc.: The Lowell, Mass., producer of computer imaging and related products said its second-quarter net loss was $24.7 million, compared to a net loss of $10.5 million a year ago, which included a one-time gain, net of tax, of $93 million. Revenue dropped 14% to $551.5 million. The firm said it has focused its energies on a turnaround program designed to improve responsiveness to customers and to position Wang for profitability.
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