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Powerwave posts $15.2M loss

LOS ANGELES-Wireless equipment maker Powerwave Technologies Inc. posted a net loss of $15.2 million, or 23 cents per share, in the second quarter as against a profit of $4.4 million or 7 cents per share a year ago.

Excluding charges, the company’s loss would amount to $9 million, or 14 cents per share.

The company, however, said its revenue will grow in the third quarter between 10 percent to 20 percent.

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