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NextWave Wireless posts Q3 net loss
[November 09, 2009]

NextWave Wireless posts Q3 net loss


Nov 09, 2009 (Datamonitor via COMTEX) -- NextWave Wireless has reported a net loss of $100.64 million, or $0.62 per share, for the third quarter ended September 26, 2009, compared to a net loss of $233.3 million, or $2.34 per share, in the third quarter fiscal 2008.

For the third quarter of fiscal 2009, total revenues were $11.95 million, compared to $16.88 million in the third quarter of fiscal 2008.

For the first nine months ended September 26, 2009, total revenues were $40.9 million, compared to $47.99 million in the same period of fiscal 2008. Net loss attributable to the company was $238.31 million, or $1.54 per share, compared to $434.78 million, or $4.35 per share, in the same period of fiscal 2008.


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