GI posts $ 7.2 mil net

General Instrument Corp. posted a net income of $ 7.2 million (12 cents a share) on $ 298 million in revenues for the fourth quarter ended Dec. 31.

The cable-equipment maker posted a $ 19.4 million (53 cents) net loss on $ 233.7 million in revenues for the same period in ’91.

For the year, GI recorded a net loss of $ 53 million ($ 1.08) on $ 1.07 billion in sales.

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