A.T. Cross reports profitable quarter

LINCOLN – Despite reduced revenue for the fourth quarter last year, A.T.Cross reported a return to profitability for the quarter in contrast with the fourth quarter last year. The company reported net income of $1.7 million or 10 cents a share. In 2000 Cross reported a net loss of $2.7 million, or 15 cents a share. For the year in 2001, Cross reported net income rose to $980,000, or 6 cents a share. Compared with a loss of $8.1 million, or 49 cents a share in 2000.