Thursday, May 3, 2007

UPDATE 1-InfraSource reports quarterly loss on merger costs

(Reuters) - The first-quarter net loss was $1 million, or 2 cents a share. Excluding merger-related costs, earnings fell to $1.2 million or 3 cents a share, from $2.5 million, or 6 cents a share a year ago. Analysts expected earnings of 6 cents a share, excluding one-time items, according to Reuters Estimates.

The Media, Pennsylvania-based company's revenue fell about 5 percent to $203.8 million. Analysts on average expected revenue of $211.0 million.


Read more at Reuters.com Market News

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