Another brutal quarterHere are the results. Maybe it's more accurate to call them non-results. How long can KK keep his job? It would be interesting to add up how much money the company has lost under his leadership.
OSI Geospatial Inc. Reports 2010 Third Quarter Results
10/14/2010 4:05 PM - Canada NewsWire
OTTAWA, Oct. 14, 2010 (Canada NewsWire via COMTEX News Network) --
OSI Geospatial Inc. (TSX: OSI) today announced its financial results for the third quarter of fiscal year 2010 ending August 31, 2010, reported in Canadian dollars and in accordance with Canadian Generally Accepted Accounting Principles (GAAP).
For the third quarter of 2010, OSI Geospatial Inc. reported consolidated revenue of $3.3 million compared to $6.2 million reported in the third quarter of 2009. The Company reported a net loss of $1.3 million before taxes and a net loss after taxes of $1.0 million compared with a net loss of $293,000 before taxes and a net loss after taxes of $263,000 in the third quarter of 2009.
For the third quarter of 2010, the net loss attributable to common shareholders was $1.1 million or
.02 per share, compared to a net loss of $410,000 or .01 per share in the third quarter of 2009.