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QURIUS RESULTS DIP

Just to show you things aren’t different in Europe, Qurius, a large Dynamics reseller operating in several countries, reported a dramatic drop in earnings as sales declined for its quarter ended June 30. The net result (as termed there) fell to about $254,000, down 79 percent as measured in euros. Sales dropped to roughly $50.2 million, off 5.9 percent from a year earlier. About 44 percent of sales were in the Netherlands. The company said it is reducing subcontractor costs, jobs and other expenses, but didn’t break out details.
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