Earnings: Tranzeo Wireless Technologies records $5.3 million second quarter revenue
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Tranzeo Wireless Technologies Inc. (TSX:TZT), announced their financial results for the second quarter ended June 30, 2007. Tranzeo Wireless designs, builds and distributes a full range of high-bandwidth wireless data network products, including WiMax products.
Financial Highlights:
- Revenue increased 11% to 5.3 million, year over year
- Earnings after tax increased 18% to $0.4 million, from Q1 2007
- Gross profit improved 18% year over year to $2.1 million
- Gross margin % improved 7% year over year to 39.4% of sales
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Aug 20th, 2007 at 9:12 am
[...] Earnings: Absolute Software reports year end fiscal 2007 of $20.1 millionEarnings: Cygnal Technologies Corporation reports revenues of $29.7 millionEarnings: Tranzeo Wireless Technologies records $5.3 million second quarter revenue [...]