K TEL INTERNATIONAL INC Reported Earnings

K TEL INTERNATIONAL INC (KTEL) reported breakeven results on revenue of $1.87 million for the . . Revenue fell 13.39% compared to the same quarter a year ago.

K-TEL INTERNATIONAL, INC. is an international marketing and distribution company for packaged consumer entertainment (music and video) and consumer convenience products (lower priced housewares, automotive accessories, exercise devices, etc.) and is a leader in the market niche for pre-recorded music compilations. The company markets and distributes its products through both retailers, rackjobbers and direct response in the United States, United Kingdom, Europe and the Pacific region.