PAETEC Holding Corp. (PAET)

PAETEC Holding Corp.'s said today its fourth-quarter net loss narrowed significantly to $2.37 million from $114.43 million last year. The company reported fourth-quarter 2009 revenue of $390.12 million, representing a 2.5% decrease from fourth quarter 2008 revenue of $400.24 million. Eight analysts estimated revenues of $391.51 million for the quarter.
Analysts expected loss per share of $0.05 for the quarter.

Feb 16 · 10:57:00 AM · Source: Company Press Release
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by Larry Etter