Losses Continue at Cushman Electronics

Slow sales of new product lines resulted in continued losses at Cushman Electronics. Inc., although the first fiscal quarter losses were almost half of last year’s negative figures.

The Newport Beach manufacturer of radio test equipment reported net losses of $261,000 for the quarter ended Dec. 31, 1985. That compares to losses during the year-ago period of $169,000.

Revenues were down 19%, to $1.94 million from $2.39 million.