SureWest 4Q Loss Widens On Higher Costs
Stock quotes in this article:
SURW
For the year, SureWest earned $18.9 million, or $1.34 per share, compared with $62.9 million, or $4.34, a year ago. Both periods had gains from the sale of assets, but 2007 had a greater gain of $60.2 million. Revenue rose 32 percent to $230.4 million.
Including Everest's operations for 2007, revenue would have risen by 2 percent. Shares of SureWest fell 45 cents, or 4.4 percent, to $9.75 in midday trading.- Loading Comments...
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