11:37 AM EST - Schneider Power Inc. : reports second-quarter net income was $334,281 versus a loss of $204,062 in the previous year. Earnings per share for the recent quarter were $0.01 compared with a breakeven per share last year. Revenues for the second quarter climbed to $588,782 from $64,475 in the comparable period. In addition, the company stated that it is well on track to hit its 2009 goals to generate positive EBITDA and reduce its SG&A by 30% and is poised to have even stronger top and bottom line performance in the second half of the year. Schneider Power Inc.
shares V.SNE are trading even at $0.08.
