Business Services Industry
New Haven, Conn.-Based DSL.Net Narrows First-Quarter Loss.
Knight Ridder/Tribune Business News, May, 2004
The Hartford Courant, Conn. Knight Ridder/Tribune Business News
May 13--DSL.Net, the New Haven-based provider of high-speed Internet and data connections, said Wednesday first-quarter losses narrowed and revenues increased compared to the same period a year earlier.
First-quarter net losses reached were $7.06 million, or 8 cents a share, compared to losses of $9.24 million, or 20 cents a share, in the first quarter of 2003. First-quarter revenues climbed 6.3 percent to $17.82 million from $16.77 million in the first three months of 2003.
Shares of DSL.Net closed at 28 cents Wednesday, down 2 cents or 6.7 percent on the day.
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