Protection One Loss Widens to $23.2 Million

Protection One Inc. said its second-quarter loss widened to $23.2 million, or 18 cents a share, from $7.67 million, or 6 cents, a year earlier, as revenue fell 6.4% to $101.2 million. The Culver City-based security alarm company said the year-earlier results include Protection One’s European operations, which were acquired by Western Resources Inc. in February for $244 million. Western, Kansas’ largest power company, has an 85% stake in Protection One. Revenue in the latest quarter was $149.6 million, including the European operations. Shares of Protection One closed unchanged at $1.69 on the NYSE.