American Pacesetter: The Newport Beach-based financial services...
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American Pacesetter: The Newport Beach-based financial services company reported earnings of $126,000 for 1989, contrasted with a net loss of $178,000 for 1988. The 1988 figure included a $516,000 loss from discontinued operations. Revenue increased 30% to $36 million from $27.8 million.
For the fourth quarter, the company posted earnings of $498,000, contrasted with a net loss of $520,000 for the same period in 1988.
Revenue rose 89% to $9.6 million from $5.1 million.
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