2013-08-16

Carmanah Suffers Significant Net Loss in Q2 of 2013

Carmanah Technologies Corporation reported its second quarter financial results for the period ended June 30, 2013 on August 13.   In accordance with the second quarter of 2013, the Company recorded a net loss of $2.5 million on revenues of $6.3 million. The significant net loss is primarily due to a $1.0 million one-time non-cash impairment of certain assets. Revenues for the second quarter of 2013 were $6.3 million, up $0.2 million from $6.1 million in the second quarter of 2012. Gross margin percentages for second quarter of 2013 were 24.4%, down from 29.1% for second qu...
Continue reading

The world’s attention turns to the game as the 2026 FIFA World Cup, jointly hosted by the United States, Canada, and Mexico, delivers one of the most anticipated sporting spectacles in history. Forty-eight national teams are competing ac... READ MORE

ViewSonic Corp., a leading global provider of visual and edtech solutions, announced that the company’s LDE Series of All-in-One Direct View LED Displays have been selected as the winner of the “Education Hardware Innovation Award&... READ MORE