March 30, 2007 / 11:27 PM / 12 years ago

Creative sees Q3 operating loss of about $20 mln

SAN FRANCISCO, March 30 (Reuters) - Creative Technology Ltd. (CREA.SI) CREAF.O said on Friday it expects to report an operating loss of about $20 million in its fiscal third quarter because of lower-than expected sales in the United States and Asia, and restructuring charges.

The restructuring charges relate to cost reduction measures in the period ended March 31. Creative said it expects third-quarter sales of about $180 million, with gross profit margins above 20 percent.

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