Operating income for the fourth quarter of 2008 was $1.17 million, or $0.08 per diluted share, compared to $1.22 million, or $0.08 per diluted share, for the fourth quarter of 2007. Revenues decreased 21.1% to $78.02 million for the fourth quarter of 2008, compared to $98.82 million for the same quarter of 2007.
Net loss for the year ended December 31, 2008 was $23.84 million, or $1.55 per diluted share, compared to a net loss of $2.33 million, or $0.15 per diluted share, for the year ended December 31, 2007.
Operating income for the year 2008 was $8.81 million, or $0.57 per diluted share, compared to $888,000, or $0.06 per diluted share, for the year 2007. Revenues decreased 12.1% to $353.69 million for the year 2008, compared to $402.32 million for the year 2007.
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