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Gateway Communications Inc.: The Irvine manufacturer of...

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Gateway Communications Inc.: The Irvine manufacturer of computer products reported a loss of $586,000, or 12 cents a share, for the second quarter, which included a pretax charge of $360,000 related to a lawsuit. That contrasted with a profit of $48,000, or 1 cent a share, for the comparable 1992 period. Revenue declined 53% to $2.6 million from $5.3 million. For the first six months of the year, the company lost $1.1 million, or 21 cents a share, contrasted with a profit of $456,000, or 9 cents a share, for the 1992 first half. Revenue was down 52% to $5.8 million from $12 million.

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