09:43 AM EST - Xceed Mortgage Corp. : reported second-quarter net income of $46,000 or breakeven per share, compared to a loss of $16.67 million or $0.60 per share in the same quarter of last year. Revenues for the quarter were $3.76 million, compared to $4.82 million in the prior-year quarter. For the six-month period, the company said its net income was $3.39 million or $0.12 per share, compared to a loss of $15.15 million or $0.54 per share in the comparable period of last year. Revenues for the period rose to $13.69 million from $10.98 million in the corresponding period of the prior year. Xceed Mortgage Corp.
shares T.XMC are trading even at $1.40.