Xo Communications Falls Despite Reaffirmed Guidance

By TSC Staff ,

Xo Communications (XOXO) was down 5.9% in early trading, a day after the broadband communications company reaffirmed guidance for the second quarter.

Xo said it will post a $65 million to $75 million loss before special items, on sales of $300 to $310 million.

The stock closed Wednesday down 3.9%.

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