Short Take: Zoom reports loss

Zoom Telephonics, a maker of faxmodems and data communications products, reported a net loss of $1.6 million or 21 cents per share on sales of $12.1 million for its second quarter ending June 30, 1998. This compared to a year-ago net loss of $4.3 million or 58 cents per share on sales of $12 million. Zoom said "sales of 33.6K and prestandard K56flex modems slowed considerably," reducing income.

July 24, 1998 8:10 a.m. PT

, a maker of faxmodems and data communications products, reported a net loss of $1.6 million or 21 cents per share on sales of $12.1 million for its second quarter ending June 30, 1998. This compared to a year-ago net loss of $4.3 million or 58 cents per share on sales of $12 million. Zoom said "sales of 33.6K and prestandard K56flex modems slowed considerably," reducing income.