360NETWORKS REPORTS LOSS
360networks' revenue for its March quarter grew to $75.5 million, an increase of 76% from the first quarter of 1999. The fiber optic network provider's net loss for the quarter was $44.7 million or 11cents per share, including a non-cash charge of $47.7 million for stock-based compensation costs.
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© 2012 Penton Media Inc.
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