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Garda World Security Corp.

03:51 PM EST - Garda World Security Corp. : reported its full-year net loss reduced significantly to $35.29 million or $1.12 per basic share from restated $98.15 million or $3.12 per basic share last year. The company reported a full-year adjusted net income of $10 million or $0.32 per basic share versus a loss of $840,000 or $0.03 per basic share in 2009, a direct result of a more efficient organization. Revenues for the recent year declined to $1.08 billion from restated $1.10 billion in the comparable period. Garda World Security Corp. shares T.GW are trading down $0.64 at $0.91.