(Reuters) - The company also cut its forecasts for subscribers, revenue and profit for the year on Monday, and its shares fell 4.5 percent further in extended trading. The stock had already closed the regular trading session 12 percent lower after the company cut prices on two of its subscription plans.
Net income for the second quarter was $25.6 million, or 37 cents per share, compared with $17 million, or 25 cents per share, a year earlier, boosted in part by a $4.1 million settlement of a patent dispute.
Read more at Reuters.com Business News
Net income for the second quarter was $25.6 million, or 37 cents per share, compared with $17 million, or 25 cents per share, a year earlier, boosted in part by a $4.1 million settlement of a patent dispute.
Read more at Reuters.com Business News
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