Brief: Infosonics reports Q2 loss per share $0.07

Simply

04/08/2016 14:00

Aug 4 (Reuters) - Infosonics Corp  IFON.O  
    * Q2 loss per share $0.07 
    * Q2 sales rose 11 percent to $12.1 million 
    * "During quarter we cut our inventory levels by 45% from 
last quarter and generated $3.1 million in cash as a result" 
    * Took a number of cost cutting actions at end of quarter to 
reduce operating expenses in second half of year 
 
Source text for Eikon:  ID:nPn2qnfSsa  
Further company coverage:  IFON.O  
 
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