XO Holdings, a provider of communications services, has reported total revenue of $383.6m for the second quarter of 2010, compared to $385.6m for the same period last year.
For the second quarter of 2010, the company’s revenues from broadband increased by 13% to $220m, while integrated voice and legacy TDM services revenue decreased by 24% and 8% to $56.8m and $106.8m respectively.
XO Holdings posted an operating loss of $6.2m for the second quarter of 2010, compared to an operating loss of $16.8m for the same period last year.
For the second quarter ended 30 June 2010, the company posted a net loss of $18.9m, compared to a net loss of $25.9m for the same quarter a year ago.
The company reported EPS loss of $0.10 for Q2 FY10, compared to a EPS loss of $0.14 for the same period last year.
XO Communications chief executive officer Carl Grivner said that they remain bullish on the long term potential for the company though the company continue to face short term challenges.
