|
SATELLITE TODAY :: DAILY NEWS FEED
JJ McCoy
January 18, 2007
Eagle Broadband Inc. lost $3.5 million in its 2007 first quarter, up from a loss of $2.6 million in the same period a year ago, the company announced Jan. 16.
The higher net loss primarily was due to $695,000 in interest expense, while revenues also slipped over the period, from $1.3 million in the 2006 first quarter to $968,000 in the most recent three months.
“While revenues for the quarter fell short of our goals, our continued efforts to reduce costs resulted in an improvement in our results from continuing operations,” Dave Micek, Eagle Broadband’s president and CEO, said in a statement.
Click here for more of today's headlines
Register Now for Digital Switchover: What It Means for Broadcasters Webcast, Tuesday, December 16th, 1:00 ET
Join Via Satellite and a panel of experts as they tackle this important and timely topic. This live one-hour webcast will address how this government-mandated move will affect satellite service providers, satellite operators and hardware manufactures. Discover lessons learned from other countries who have made the transition as well as what opportunities will be created post-switch. No travel required. Sign-up Today!
|
Print This Page
Email This Page
Archives
Copyright Permissions