Wednesday, May 2, 2007

UPDATE 1-Alvarion 1Q net loss narrows on higher sales

(Reuters) - Alvarion reported a loss of $623,000, or 1 cent per share, compared with a loss of $4.97 million, or 8 cents a share, in the year-earlier quarter.

Excluding special items and discontinued operations, the company reported a net profit of $1.3 million, or 2 cents per share, compared with $1.5 million, or 2 cents per share, a year earlier.


Read more at Reuters.com Market News

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