Loral posts second quarter net loss of $49.7 million
Loral Space&Communications posted a net loss of $49.7 million in its 1999 second quarter on revenues of $453.6 million. In the 1998 second quarter, the it showed a net loss of $70.6 million on revenues of $406.1 million. "While reported EBITDA is expected to improve in the second half, Loral's net...
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