TXP Posts Q2 Net Loss of $10M
Published: 21 August 2008
by Staff
RICHARDSON, TX – TXP Corp., ODM for the telecommunications industry, reported a second-quarter 2008 net loss of approximately $9.9 million compared to a net loss of approximately $1.5 million for the same period in 2007.
This included a non-cash loss of approximately $5.7 million.
The firm posted an operating loss of approximately $1.9 million, compared to an operating loss of about $1.1 million last year.
Revenue was approximately $3.31 million, up a slight 0.6% year-over-year.
