Wink Communications beats loss views (WINK) By Michael Baron
Wink Communications (WINK) is rising 71 cents, or 15.8 percent, to $5.20, after the Alameda, Calif., interactive television technology firm reported a first-quarter loss of $12.6 million, or 41 cents a share, wider than a year-ago loss of $5.5 million, or 18 cents a share, but 3 cents narrower than the average estimate of analysts polled by First Call/Thomson Financial. Revenue for the period totaled $1.7 million. Noting that its enhanced broadcasting service is now in three million homes, the company said it's "well on the way" to reaching six million homes by the end of the year.
Is the nleeding going to stop here or not?
That is what I want to know.