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Telehop Communications Reports Third Quarter 2009 Financial Results

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 ------------------------------------------------------------------------- Consolidated Highlights Three months ended Nine months ended ($Thousands except for Sept. 30, Sept. 30, Sept. 30, Sept. 30, per share data) 2009 2008 2009 2008 ------------------------------------------------------------------------- Consolidated Income Statement ------------------------------------------------------------------------- Operating revenues $ 3,388 $ 3,985 $ 10,427 $ 12,607 Gross margin 1,438 1,628 4,516 4,754 Gross margin % 51.6% 40.9% 43.3% 37.7% Net income (loss) 127 (102) (447) (762) Earnings (loss) per share - basic 0.01 (0.01) (0.03) (0.06) Earnings (loss) per share - diluted 0.01 (0.01) (0.03) (0.05) -------------------------------------------------------------------------