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At 9:26 am ET the stock is trading at $6.75 up $0.43 from Friday's close.
With the advance, the stock stands to open above recent resistance and at its highest level in nearly a month.
The company posted a net loss from continuing operations of $96.3 million, or $2.60 per share, compared to a loss of $12.5 million, or $0.32 per share, in the prior year quarter.
Adjusted net income rose to $16.4 million, or $0.44 per share, from $14.7 million, or $0.38 per share, in the year-ago quarter.
Net revenues for the latest quarter declined to $123.8 million from $125.0 million in the same quarter of last quarter.
Analysts polled by First Call/Thomson Financial expected the company to report earnings of $0.34 per share on revenues of $120.90 million for the quarter.
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