Short take: Diamond Multimedia cuts loss for second quarter

Computer peripherals vendor Diamond Multimedia reported a loss of 24 cents per share for its second quarter. That compares with a loss of $1.29 per share reported for the same period last year. The company's net revenues for the quarter were $172.3 million, compared with $53 million a year ago.

July 9, 1998 6:25 p.m. PT

Computer peripherals vendor reported a loss of 24 cents per share for its second quarter. That compares with a loss of $1.29 per share reported for the same period last year. The company's net revenues for the quarter were $172.3 million, compared with $53 million a year ago.