That's not what their 2nd quarter earnings report [1] said. They had an operating loss of $114 million. They took a special write down of $161 million for goodwill, but the revenues had decreased 2 percent. They predicted an improved 3rd quarter, but until it comes to fruition I think it's too early to say that they've turned the corner.

[1] http://phx.corporate-ir.net/phoenix.zhtml?c=105317&p=iro...