[November 18, 2009] Xfone reports net loss in Q3 Tweet Nov 18, 2009 (Datamonitor via COMTEX) -- Xfone, a provider of voice, video, and data communications services, has reported a net loss of $1.7 million, or $0.09 per share, for the third quarter of 2009, compared to a net income of $0.6 million, or $0.03 per share, in the third quarter of 2008. For the third quarter of 2009, total revenues were $21.3 million, a 17.8% decrease, compared to $25.9 million in the third quarter of 2008. For the first nine months ended September 30, 2009, total revenues decreased 5% to $64.2 million, compared to $67.6 million in the same period of 2008. Net loss was $1.2 million, or $0.07 per share, compared to a net loss of $0.2 million, or $0.01 per share, in the same period of 2008. Guy Nissenson, president and CEO of Xfone, said: "Given the challenging economic environment of the past year, we're pleased to have maintained essentially stable revenues for the past three quarters, with sequentially improving EBITDA and operational cash flow for the nine month period of $5.1 million. Furthermore, in the third quarter, we reported over $1.1 million in operating profitability before the non-cash financing expense of $2.5 million largely related to currency fluctuation." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon [ Back To TMCnet.com's Homepage ]