12:05 PM EST - Xentel DM Inc. : reported a profit for the second quarter compared to loss in the prior-year period. The company cited cost cutting measures and changes in management strategies as the reasons for the improvement in earnings. Second quarter net income was $307 thousand or $0.01 per share compared with net loss of $590 thousand or $0.02 per share in the year-ago period. Comprehensive income was $232 thousand compared to comprehensive loss of $1.2 million in the second quarter of the previous year. Xentel DM Inc.
shares V.XDM are trading up 5 cents at $0.21.
