{"id":11154,"date":"2009-07-31T00:00:00","date_gmt":"2009-07-31T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"tollgrade-posts-loss-as-proxy-vote-looms","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2009\/tollgrade-posts-loss-as-proxy-vote-looms.html","title":{"rendered":"Tollgrade posts loss as proxy vote looms"},"content":{"rendered":"<p>Pittsburgh Post-Gazette &#8211; In a conference call with analysts yesterday, Joseph A. Ferrara, president, chief executive officer and board chairman of Tollgrade Communications, highlighted the company&#8217;s &#8221;transformational activities&#8221; during the past quarter, including selling off its cable product line for $3.1 million and closing a deal on a managed services contract expected to bring in $20 million over a four-year period.  <\/p>\n<p>But the manufacturer of communications network testing equipment did not experience enough transformation during the past quarter to move into the black. Rather, it reported a second-quarter loss of $1.5 million, or 12 cents per share, on revenues of $10.6 million, compared with a loss of $255,000, or 1 cent per share on revenues of $12.1 million in the same quarter a year ago. The $10.6 million figure does not include $1.4 million from discontinued operations.<\/p>\n<p>  <strong><a href=\"..\/news\/news_land.php?i=http:\/\/www.post-gazette.com\/pg\/09212\/987587-28.stm?cmpid=newspanel3&#038;FORM=ZZNR9\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pittsburgh Post-Gazette &#8211; In a conference call with analysts yesterday, Joseph A. Ferrara, president, chief executive officer and board chairman of Tollgrade Communications, highlighted the company&#8217;s &#8221;transformational activities&#8221; during the past quarter, including selling off its cable product line for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1024,411,577,14798,5390,14800,137,14799,14801,14794,14796,11091,3609,14797,14795,14802],"class_list":["post-11154","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-1-million","tag-5-million","tag-6-million","tag-board-chairman","tag-chief-executive-officer","tag-communications-network","tag-conference-call","tag-discontinued-operations","tag-ferrara","tag-pittsburgh-post-gazette","tag-quarter-loss","tag-quot","tag-second-quarter","tag-services-contract","tag-tollgrade-communications","tag-transformation"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11154"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11154\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}