Palm shipped 833,000 phones in the quarter ended 29 February, up 13 percent year-on-year thanks to strong demand for its Centro smartphone. The company''s fiscal third-quarter revenues however decreased to USD 312.1 million from USD 410.5 million in the year-earlier quarter. The net loss was USD 31.5 million or USD 0.30 per diluted share, compared to a net profit of USD 11.8 million or USD 0.11 per diluted share a year earlier. The figure included USD 12.3 million in restructuring charges. The EBITDA loss totalled USD 28.4 million.
Source:Telecompaper
