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Aptilon Announces 2010 Second Quarter Financial Results

^{Published on 2010-08-27 14:10:39 - Market Wire}
 

 Q2 2010 Summary - Revenues reached $8.59 million, compared to $3.08 million in Q2 2009; YTD revenue $16.3 million - Gross profit reached $5.45 million compared to $2.29 million in Q2 2009; gross margin YTD $9.7 million - Operating income reached $1.38 million compared to an operating loss of ($0.43) million in Q2 2009 and YTD operating income reached $1.94 million compared to a loss of ($0.9) million in 2009 - Net loss of ($305,787) for the quarter compared to a loss of ($440,862) in Q2 2009 and YTD net loss of ($249,460) compared to a loss of ($914,629) in 2009 - Generated positive net cash flow from operations of $1.96 million (before net change in non cash working capital item of ($2.17 million) for the second quarter of 2010 and $2.99 million YTD. 

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