EarthLink reported on Tuesday lower sales and profits for the second quarter, though its earnings per share passed analysts' expectations.
For the quarter ended June 30, the Internet service provider earned $31.5 million, or 29 cents a share, compared with $50.6 million, or 45 cents a share, in the year-ago quarter.
Sales fell 24 percent to $185.6 million from $245.6 million in the year-ago quarter.
Analysts polled by First Call had forecast earnings of 26 cents a share on revenue of $186.5 million.
At quarter's end, EarthLink had 2.45 million subscribers, compared with … Read more