Concepts Direct Cuts Loss in Quarter

Cataloger Concepts Direct Inc., based in Longmont CO, reported a loss of $736,000 for the quarter ended Sept. 30, down from a loss of $985,000 in the same period of 1998.

Sales for the quarter were $11.3 million, a 42% decrease from sales of $19.5 million for the same period last year.

For the nine months ended Sept. 30, the company’s loss increased to $1.9 million from a loss of $1.8 million for the same period in 1998.

Sales were $34.9 million, a 31% decrease from sales of $50.8 million for the same period in 1998.