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TIO Networks Corp.

11:41 AM EST - TIO Networks Corp. : announced fiscal third-quarter 2014 financial results for the period ended April 30, 2014. Revenue for the fiscal third quarter increased by 30% to $12,926,089 from $9,955,852 in the same period a year ago and by 29% sequentially from $9,985,193 in the second fiscal quarter of 2014. Gross profit for the fiscal third quarter more than doubled to $4,451,307 from $2,204,173 in the same period a year ago and increased by 53% sequentially from $2.913,820 in the second fiscal quarter of 2014. TIO Networks Corp. shares V.TNC are trading down $0.04 at $0.74.