By John Loesing
Acorn Staff Writer
In a sharp reversal of fortune, Westlake Village Internet service provider United Online (NASDAQ: UNTD) posted its first quarterly profit last week.
The discount Internet access company, formed last year in a merger between NetZero and Juno Online Services, reported earnings of $1.5 million, or 3 cents a share in the fiscal first quarter ending Sept. 30, compared with a net loss of $24 million, or 89 cents a share, a year earlier.
Total revenues...
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