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Inmarsat said it earned $6.3 million during the first quarter, vs...

Inmarsat said it earned $6.3 million during the first quarter, vs. a loss of $10 million during the same period of 2004. The firm said its maritime sector contributed $66.2 million in revenue, and the land sector added $35…

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million. Inmarsat said cost reductions implemented in early 2004 offset cost increases related to launching Inmarsat’s BGAN network, as operating costs dipped to $43.5 million in 2005 from $46.8 million last year.