ITRADE
Veteran
Yanking out all the special items, US lost about $260 million. US would have done much better had fuel not increase nearly 40 percent.
US did substantially cut its costs; but cut revenues at the same time.
We'll see how things shake out - Q2 is usually US's best quarter. With the war over, with $200MM coming in in Congressional aid, with fuel prices falling, US might have a decent quarter.
US did substantially cut its costs; but cut revenues at the same time.
We'll see how things shake out - Q2 is usually US's best quarter. With the war over, with $200MM coming in in Congressional aid, with fuel prices falling, US might have a decent quarter.