Pacesetter Homes Bounces Back
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Pacesetter Homes Inc. of Newport Beach posted second-quarter earnings of $108,000, compared to earnings of $7,000 for the 1989 second quarter. Revenue fell 18% to $11.1 million from $13.5 million. For the six-month period, the company lost $357,000, contrasted with earnings of $219,000 for the corresponding 1989 period. Revenue rose slightly to $23.5 million from $23.4 million.
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