Monday, 11 June 2007

UPDATE 1-Comverse Technology posts Q1 loss

(Reuters) - The software maker posted a loss from operations of $60.4
million for the latest first quarter, compared with an income
from operations of $8.6 million in the same period a year ago.




Before items, including about $31.4 million in expenses
related to the investigation, the company's adjusted income
from operations fell to $7.9 million from $37.1 million,
Comverse said in its statement.


Read more at Reuters.com Market News

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