posted a fourth-quarter loss of $662,000, or 1 cent a share. The results showed a $9.2 million improvement over last year's loss and beat the consensus estimate compiled by Thomson Financial/First Call.
Revenue for the quarter was $17.3 million, up 13% from last year's results and in line with the company's previous guidance.
Shares of the network solutions and services provider closed at $4.40 Tuesday on the
before the earnings announcement.