NextWave posts a $65.27M net loss for Q2

NextWave Wireless posted a second-quarter net loss of $65.27 million, widening from $22.71 million from its second quarter in 2006. The company had revenue of $12.83 million for the quarter, up from $6.29 million the year before. NextWave is developing WiMAX products. It also has PacketVideo as a subsidiary.

For more on NextWave's Q2:
- read this blurb from the WSJ (sub. req.)