CounterPath posts loss of $334,000 in second quarter

VANCOUVER – VANCOUVER, British Columbia (AP) _ CounterPath Corp. (CPAH) on Monday reported a loss of $334,000 in its fiscal second quarter.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 8 cents. Losses, adjusted for stock option expense and non-recurring costs, came to 3 cents per share.

The business telecommunications company posted revenue of $3 million in the period.

The company’s shares closed at $2.61. A year ago, they were trading at $7.80.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPAH at http://www.zacks.com/ap/CPAH

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Keywords: CounterPath, Earnings Report

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