Speedus Corp.
Speedus Announces Fourth Quarter and Fiscal 2007 Results
Published in Lab Law Weekly, April 18th, 2008
Speedus Corp. (NASDAQ:SPDE) announced a net loss of $4.4 million, or $1.11 per share on a fully diluted basis, for the twelve months ended December 31, 2007 compared to a net loss of $5.6 million, or $1.40 per share on a fully diluted basis, for the twelve months ended December 31, 2006. The loss before depreciation and amortization for the twelve months ended December 31, 2007 was $4.2 million compared to a loss before depreciation and amortization of $4.9 million for the twelve months ended December 31, 2006.
For 2007, total operating expenses before depreciation and amortization amounted to $5.7 million compared to $6.3 million in 2006. This decrease is primarily a...
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Source: Lab Law Weekly (2008-04-18)
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