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IP Applications Corp.

09:44 AM EST - IP Applications Corp. : reported a wider loss in the second quarter when compared to the same period last year on declined revenues. The Vancouver, Canada-company posted second quarter net loss of $374 thousand compared to a net loss of $247 thousand last year. EBITDA loss was $313 thousand, compared to an EBITDA loss of 13 thousand in the prior-year period. Quarterly revenue declined 30% to $1.3 million from $1.9 million in the year-earlier quarter. IP Applications Corp. shares V.IPX are trading unchanged at $0.18.