There were 1,040 press releases posted in the last 24 hours and 453,687 in the last 365 days.

Canadian Stock Wire: Redline Communications Group

August 17, 2009 (FinancialWire) — Redline Communications Group Inc. (TSX: RDL) reported a second-quarter net loss of $2.6 million U.S. or $0.12 U.S. per share, compared to a loss of $5.3 million U.S. or $0.25 U.S. per share in the same quarter of last year. Excluding the inventory provision and the impact of the changes in the Canadian dollar exchange rate in comparison to first quarter of 2009, net loss for second quarter of 2009 was $1.8 million U.S. or $0.09 U.S. per share. Revenues for the quarter were $10.38 million U.S., up from $9.53 million U.S. in the year-ago quarter. Redline Communications Group Inc. shares were even at $0.35 on Friday.

Complete filings for Canadian exchange-listed companies are accessible via the SEDAR database (http://www.sedar.com).

Source: Courtesy of BayStreet.ca’s proprietary “Stocks in Play” news series (http://www.baystreet.ca/articles/stocks_in_play.cfm).

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php).  Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.