Comsat Corp has reported a fourth quarter net loss of $11.5m against a profit last time of $16.9m on revenue that rose 26.23% to $293.5m. Net profit for the year to December 31 fell 53.4% to $17.6m on revenue that rose 17.7% to $1.01bn. Net earnings per share slumped 77% to $0.18 in the year.
Comsat Corp has reported a fourth quarter net loss of $11.5m against a profit last time of $16.9m on revenue that rose 26.23% to $293.5m. Net profit for the year to December 31 fell 53.4% to $17.6m on revenue that rose 17.7% to $1.01bn. Net earnings per share slumped 77% to $0.18 in the year.
