Article: Carmanah Posts Q2 2009 Results


Wireless News
08-13-2009
Carmanah Posts Q2 2009 Results
Type: News

Carmanah Technologies Corp. announced its second quarter financial results for the three-month period ending June 2009.

In a release on August 10, the company reported that strategic sales were $7.3 million, up almost 20 percent over the same period the prior year, although total sales for Q2 2009 were $9.3 million, down from $15.7 million for the same period last year, due the exiting of various low margin product lines.
Additionally, officials noted revenues were $9.3 million, down from $15.7 million for the same period in 2008. Strategic Revenues were $7.3 million, up from $6.1 million for the same period in 2008. Gross ...

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