INDIANAPOLIS-Brightpoint Inc. reported revenues for the second quarter ended June 30 increased from $329.8 million in second-quarter 1998 to $414 million this year.
The company recorded a net loss of $90.5 million, or $1.70 per share, compared with a net gain of $9.06 million, or 17 cents per share, for the same time the previous year.
Brightpoint said it is in the process of eliminating operations in Argentina, Poland, Taiwan and the United Kingdom, and has terminated its two joint operations in China.
The company’s sales of wireless handsets accounted for 73 percent of its total revenues, and sales from wireless accessories accounted for 15 percent.
