SAN FRANCISCO -- Citadel Holding Corp., which is trying to complete a restructuring plan, reported a first-quarter loss of $14.8 million, against a $135,000 profit in the corresponding period last year.

The Glendale, Calif.-based company's deficit for the March 1994 quarter was expected and was narrower than the $37.3 million loss posted in the 1993 fourth quarter.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.