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StarMedia Beats Third-Quarter Estimates
StarMedia (STRM Quote) reported a narrower-than-expected third-quarter loss and recorded 3.3 billion page views during the period.
The company reported a loss, excluding nonrecurring items, of $32 million, or 48 cents a share, compared with a loss of $25.2 million, or 43 cents a share, for the third quarter a year ago. Analysts expected the company to lose 59 cents a share for the quarter, according to First Call/Thomson Financial. ...
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