LodgeNet Interactive Corporation (Nasdaq:LNET) today reported quarterly revenue of $118.1 million compared to $128.1 million in the first quarter of 2009. The Company reported a net loss of $(2.5) million compared to net income of $6.0 million for the prior year period, which included a $9.3 million or $0.41 per share gain related to the acquisition of $31.5 million of our outstanding debt. Net loss attributable to common stockholders was $(3.9) million or $(0.17) per share (basic and diluted) for the first quarter of 2010 compared to net income attributable to common stockholders of $6.0 million or $0.27 per share (basic) for the first quarter of 2009. LodgeNet also reported $23.6 million in free cash flow (defined as cash provided by operating activities less cash used for investing activities, including growth-related capital) for the current quarter compared to $15.6 million in the prior year period.

Click here to review the report results for First Quarter 2010.