09:48 AM EST - Absolute Software Corp. : reported a wider loss in the second quarter. The results included a non-cash stock-based compensation expense. The company also lowered its guidance for the full year 2009 due to challenging business environment and planned investments in the business. The Vancouver-based provider of computer theft recovery, data protection and IT asset management solutions posted a second-quarter net loss of $15.5 million or $0.32 per share, wider than $1.9 million or $0.04 per share reported in the year-ago quarter. Absolute Software Corp.
shares T.ABT are trading down $0.18 at $3.20.
