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Friday, November 04, 2011 8:54:07 AM
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8:46 AM ET 11/4/11 | Briefing.com
Reports Q3 (Sep) GAAP loss of $0.51 per share, $0.03 better than the Capital IQ GAAP Consensus Estimate of ($0.54); revenues rose 12.2% year/year to $1.28 bln vs the $1.27 bln consensus. The co is seeking approval from shareholders for a reverse stock split at its 2011 annual meeting of shareholders scheduled to be held November 30, 2011, with the ratio and timing of implementation of the reverse stock split at the discretion of the co's board of directors.
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