For the month of June, Frontier reported an operating profit of $14.2 million compared to an operating loss of $3.2 million for the same period last year, and net income of $7.2 million compared to a net loss of $8.8 million for June 2008.
Excluding special items, the Company would have reported an operating profit of $13.3 million, or an operating margin of 13.2%. This compares to a $2.2 million operating loss, or a negative 1.7% margin, in 2008 and net income of $11.6 million as compared to a net loss of $4.5 million the prior year.
