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At the same time, a bankruptcy restructuring has put The National Post, which was founded in 1998 and has never been profitable, in a competitive position many thought unlikely.
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"He had a real nose for medical investing and what could be profitable in a clinical environment.
This year, he said the plan was raise up to $20 million, enough to be profitable in a year.
One media analyst said that Mr. Karmazin, in recent private conversations, said "UPN will be profitable in a year".
Woehrle expects that the company will be profitable in a year or two, which is pretty good for a new small business.
"Investors are being very selective; Zipcar is trading well because it is establishing a new market and they are profitable in a number of their early markets".
(James Surowiecki) To the extent that banks have managed to be profitable in a competitive banking sector, that still requires an explanation.
As Secretary [John Anthony] Volpe at that time indicated, it was expected to be profitable in a classic commercial sense in three years.
But, Holbrough warns, it may take time "firstly, to become recognised and successful and secondly, to be profitable in a very competitive industry".
The arena, which Global Entertainment said would be profitable in a year, has lost so much money that Rio Rancho has had to spend millions of dollars each year to keep it afloat.
Falling sales can drive a division from profit to loss if revenues do not offset fixed costs, meaning that a PC business which was profitable in a growing or buoyant market suddenly shifts to loss as the market contracts.
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