Scoop Selling Division
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Scoop Inc., a Santa Ana marketer of media reprints, reported a net loss of $1.1 million, or 21 cents a share, for the first quarter, compared with a year-earlier net loss of $567,700, or 20 cents a share. Sales gained 12% to $532,700 from $476,300.
The company also said Friday that it had agreed to sell its Scoop Media Services division to the Call Co. in Laguna Hills for $1.3 million and the assumption of up to $150,000 in liabilities.
The company previously announced an agreement to acquire Multimedia Kid-Intelligence in Education Ltd., an Israel-based developer and marketer of computer-based educational learning systems.