09:56 AM EST - DDS Wireless International Inc. : reported financial results for the quarter ended March 31. Revenue for the first quarter of 2012 was $8.7 million, a decline of 9% or $0.9 million compared to the first quarter of 2011 and declined by 30% compared to the immediately preceding fourth quarter. Gross margin decreased by $1.0 million or 23% to $3.3 million from the first quarter of 2011. DDS Wireless International Inc.
shares T.DD are trading down $0.19 at $1.96.
