Things just seem to keep looking up for XO Holdings (XOHO). The Virginia-based CLEC this week reported lower quarterly losses, compared to the same quarter a year ago and even the first three months of 2008. (The respective numbers are: -$29.7 million, -$36.4 million, -$42.9 million, in case you’re wondering.)
XO credited its improved financials to long-haul fiber, wholesale revenue and sales of business services.
Washington Business Journal: XO Holdings narrows loss, boosts sales