Prodigy Communications Beats Third-Quarter Estimates - TheStreet

Prodigy Communications

(PRGY)

reported a narrower-than expected loss for the latest third quarter.

The Internet service provider reported a loss of $62.8 million, or 90 cents a share, compared with a loss of $23.6 million, or 39 cents a share, for the same period a year ago. Three analysts expected the company to lose $1.02 a share for the quarter, according to

First Call/Thomson Financial

.

Total revenue for the quarter rose to $134.6 million from $48.9 million a year ago.

The company expects to have 2.8 million to 2.9 million managed subscribers at the end of the year. In addition, the company expects revenue of $415 million to $430 million for the year.