CIRC is trading at $0.63 (+5.20%) in after-hours trading after Circle8’s August 20 earnings release and record first-half service revenue of $569.7 million.
- Second-quarter net loss widened to $86.4 million, or $0.98 per share, versus $10.7 million and $0.20 a year earlier.
- Results included a $60.4 million one-time litigation-settlement loss; a $35 million merger-note reduction is expected in the third quarter.