Axesstel, Inc. (AXST.OB) Posts Q2 Results; Hints at Positive Second Half for 2010
Wireless solutions provider Axesstel Inc. today posted its second quarter and six-month financial results for the period ended June 30, 2010, highlighting its focus for the second half of 2010. The company reported revenues for the second quarter of 2010 at $11.2 million, as compared to $11.9 million reported for the same quarter of 2009; net loss for the second quarter was $1.4 million, or $0.06 loss per share, compared to a net loss of $2.2 million, or $0.09 per share, for the comparable quarter of last year. Gross margin for the second quarter 2010 was $2.0 million, or 18…