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Article: Metalink Announces Second Quarter 2009 Results and Amendment of Short Term Secured Loan.
- Article from:
- PR Newswire
- Article date:
- September 8, 2009
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YAKUM, Israel, September 8 /PRNewswire-FirstCall/ -- Metalink Ltd. , a global provider and developer of high-performance broadband communication silicon solutions, today announced its unaudited financial results for the second quarter of 2009 and an amendment of its short term secured loan agreement with an institutional investor.
FINANCIAL HIGHLIGHTS FOR THE SECOND QUARTER OF 2009: Revenues for the second quarter of 2009 were $1.9 million, the majority of which consisted of legacy DSL sales, compared to $2.7 million for the second quarter of 2008. Net loss for the second quarter of 2009 was $(4.4) million, or $(0.18) per share, compared to $(6.6) million, or ...