Shares of Integrated Alarm Services(IASG Quote) were among Nasdaq's losers Thursday, falling 30% after the security alarm company posted lackluster third-quarter results.
The company reported a loss of $5.4 million, or 22 cents a share, on sales of $24.5 million. Analysts polled by Thomson First Call were expecting a smaller loss of 14 cents a share and sales of $25 million. For last year's third quarter, the company reported a loss of $2.1 million, or 9 cents a share, on sales of $21.9 million.
"Third quarter residential attrition was very disappointing," the company said in a statement. "The causes for this performance were several and include unacceptable levels of customer service caused in part by excess personnel turnover in our Las Vegas customer retention call center." Shares recently were trading down 85 cents to $2. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
Connect with TheStreet