Optical fiber company
on Monday posted a narrower-than-expected loss for the fourth quarter.
The company, which is 85% owned by energy company
reported earnings earlier this morning), said losses for the quarter were 13 cents a share. Analysts' consensus estimate was for a 48-cents-a-share loss, according to
First Call/Thomson Financial
. Revenues increased to $287 million from $159 million for the year-ago period.
The company's per-share earnings figure excludes a $1.05-per-share loss from discontinued operations, which includes
Williams Communications Solutions
, a division the company plans to sell. Williams made that announcement Jan. 29.
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