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Technology Stocks : Leap Wireless International (LWIN)

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From: Dennis Roth	8/12/2005 9:28:41 AM
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Leap Wireless swings to 2Q profit; ups 2005 view Thursday August 11, 4:51 pm ET By Carla Mozee biz.yahoo.com SAN FRANCISCO (MarketWatch) -- Leap Wireless International Inc. after Thursday's closing bell reported second-quarter net earnings of $2.5 million, or 4 cents a share. Last year, the company posted a loss of $18.3 million, or 31 cents a share. Revenue rose to $226.8 million, up from $205.7 million a year ago. The San Diego-based wireless communication services provider raised the top end of its fiscal 2005 revenue forecast to a range of $910 million to $950 million, from $890 million to $950 million. It also raised its 2005 adjusted earnings before interest, taxes, depreciation and amortization forecast to a range of $265 million and $285 million, from $245 million to $270 million.

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