GTC Telecom Posts $7.2-Million Loss
GTC Telecom, Costa Mesa provider of long-distance telephone service, reported a net loss of $7.2 million, or 42 cents a share, for the fiscal year ended June 30, compared with a year-earlier net loss of $3.4 million, or 27 cents a share. Revenue climbed to $4.7 million from $289,012. The company did not break out fourth-quarter results.
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