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Daily News

Gateway Reports 2Q 2007 Results
Aug 14, 2007
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Gateway, Inc. reported results for its second quarter ended June 30, 2007. Revenue amounted to US$841 million, down from $919 million a year earlier. Gross margin for the second quarter was 7.6%, compared with 4.9% in the prior quarter and 5.5% in the second quarter of 2006. Retail gross margin for the second quarter was 5.6%, compared with 3.1% in the prior quarter and 3.7% a year ago.

The company sold 1,088,400 PC units in the second quarter, down 13% sequentially and down 7% year-over-year.

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