YOU ARE AT:Archived ArticlesAMSC LOSS IS LESS THAN LAST YEAR'S

AMSC LOSS IS LESS THAN LAST YEAR’S

RESTON, Va.-American Mobile Satellite Corp. said its net loss for the quarter ended March 31 was smaller than last year’s first quarter net loss.

The company’s net loss was $27 million, or $1.08 per share, compared with a net loss of $29.9 million, or $1.20 per share, for the first quarter 1996.

Revenues for the quarter were $8.7 million, almost double the revenues of $4.4 million for the same quarter last year.

ABOUT AUTHOR

Editorial Reports

White Papers

Webinars

Featured Content