ALAMEDA, Calif.-Geoworks Corp. announced a net loss of $3.4 million, or 22 cents per share,
for the the quarter ended Dec. 31, compared with a net loss of $2.5 million, or 16 cents per share, reported for the
corresponding previous quarter.
Net revenues were $1.9 million, compared with $4 million in the same period a
year ago. New President and Chief Executive Officer Dave Grannan said the results were disappointing, but that he
expects the just launched Professional Services consulting group to turn around the company’s financial situation.
