PhotoChannel (PNWIF) Reports Strong Second-Quarter Financial Results; Article Posted on BeaconEquity.com
Revenue up 54%; Company Generates $543,278 of Cash during its Slowest Quarter, Says CEO
(EMAILWIRE.COM, May 15, 2009 ) DALLAS, Texas - BeaconEquity.com announces the publication of an article covering PhotoChannel’s record sales for the second quarter, with a reduction in net loss.
Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m
In the article the author writes:
“PhotoChannel Networks Inc. (OTCBB: PNWIF)(TSX: PN), a leader in digital photography and media solutions to retailers, recently reported record sales for the second quarter of 2009 ended March 31, 2009.”
PhotoChannel reports revenue of $5,015,041, and a reduction in net loss for the second quarter:
“All amounts are expressed in Canadian dollars, which translates to 85.1 cents of one U.S. Dollar. … Revenue for the most recent quarter totaled $5,015,041, compared with $3,259,499 for the equivalent quarter last year. The company reported a reduction in net loss for the second quarter of 2009 to $1,475,124, or a net loss of 4 cents per common share, compared with a net loss of $2,622,228, or a net loss of 8 cents per common share, for the same period year-to-year.”
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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m
In the article the author writes:
“PhotoChannel Networks Inc. (OTCBB: PNWIF)(TSX: PN), a leader in digital photography and media solutions to retailers, recently reported record sales for the second quarter of 2009 ended March 31, 2009.”
PhotoChannel reports revenue of $5,015,041, and a reduction in net loss for the second quarter:
“All amounts are expressed in Canadian dollars, which translates to 85.1 cents of one U.S. Dollar. … Revenue for the most recent quarter totaled $5,015,041, compared with $3,259,499 for the equivalent quarter last year. The company reported a reduction in net loss for the second quarter of 2009 to $1,475,124, or a net loss of 4 cents per common share, compared with a net loss of $2,622,228, or a net loss of 8 cents per common share, for the same period year-to-year.”
To read the entire article visit http://www.beaconequity.com/m
Join the fastest growing investor community at: http://www.stockhideout.com/
BeaconEquity.com’s Market News is one of the fastest growing small cap blogs in the investment community. Beacon is the authority on research in the small cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.
We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas.
BeaconEquity.com is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Contact Information:
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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