Larry Reinhold

Systemax spins positives after 3Q dip

Despite impressive gains by its Industrial Products Group – including the group’s 27th consecutive quarter posting revenue growth and a nearly 10 percent increase in its sales force –Systemax Inc. swung to a third-quarter loss. Reporting Monday on its FY2016 third quarter, the Port Washington-based supplier of brand-name and private-label computers and other consumer electronics – largely through e-commerce platforms – reported net sales of $414.8 million, a 2 percent drop from the $423.3 million…