Dynavox reports loss as sales fall 29%
DynaVox Inc. reported a net loss of $270,000, or 2 cents a share, in the 13 weeks ended Sept. 28 as sales dropped 29 percent.
The company's stock fell 8.2 percent on the report on Tuesday, closing at 38 cents a share, down 3.4 cents. The stock has dropped 89.6 percent this year.
The loss at the South Side-based company, which makes communication and education products for people with speech and learning disabilities, compares with net income of $440,000, or 4 cents a share, a year before.
The company blamed “difficult economic conditions” for the decline in sales. It reported sales of $18.6 million for the period, compared with $26.2 million the year before.
Alex Nixon is a staff writer for Trib Total Media. He can be reached at 412-320-7928 or email@example.com.
Add Alex Nixon to your Google+ circles.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Many Penguins free agents expected to depart
- More witness intimidation charges filed against Plum teacher
- Scaife trustees seek dismissal of siblings’ lawsuit
- Suspected allies of beach gunman arrested in Tunisia
- Shady Side Academy graduate Harchelroad excels in 3 sports
- Kuwait mosque bomber slipped security watch in Saudi Arabia, Bahrain
- Deer reporting failures spark debate for Pa. Game Commission
- Penguins re-sign defenseman Cole to 3-year deal
- American Airlines manager arrested in Pittsburgh on sex crimes charges
- Scouts think Penguins could regain luster with minor tinkering
- High school notebook: Hempfield softball star Ryan commits to Notre Dame