UPDATE: Clearwire Posts Q4 Loss

Clearwire

posted a loss in the fourth quarter. Clearwire posted a quarterly loss of $187.2 million, versus a year-ago loss of $236.8 million. On a per-share basis, it posted a loss of $0.29 versus $0.81. Excluding special items, Clearwire lost $0.27 per share. Its revenue declined 14% to $311.2 million. However, analysts expected a loss of $0.27 per share on revenue of $314 million. Clearwire shares fell 0.63% to $3.16 in after-hours trading.