This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Call Genie loses $2.7-million in Q3 2009 2009-11-16 08:42 ET - News Release
Mr. Michael Durance reports CALL GENIE REPORTS THIRD QUARTER 2009 FINANCIAL RESULTS AND COMPLETES $2.5 MILLION OF DEBT FINANCING
Call Genie Inc. has released its financial results for the three and nine months ended Sept. 30, 2009. Year to date and third quarter 2009 results: - Deferred revenues increased to $2.6-million at Sept. 30, 2009, from $900,000 at the end the third quarter of 2008.
- Revenues recognized for the third quarter of $950,000 compares with $880,000 for third quarter 2008. For the nine months ended Sept. 30, 2009, revenues of $2.7-million compares with $3.3-million for the same period in 2008.
- Net loss from operations in the third quarter was $2.7-million compared with $4.8-million in 2008. Year-to-date 2009 net loss of $9.2-million (11 cents per share) compares with $15.1-million (18 cents per share) for the first nine months of 2008.
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