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Redline Communications Group Inc.

09:54 AM EST - Redline Communications Group Inc. : reported a second-quarter net loss of $2.6 million U.S. or $0.12 U.S. per share, compared to a loss of $5.3 million U.S. or $0.25 U.S. per share in the same quarter of last year. Excluding the inventory provision and the impact of the changes in the Canadian dollar exchange rate in comparison to first quarter of 2009, net loss for second quarter of 2009 was $1.8 million U.S. or $0.09 U.S. per share. Revenues for the quarter were $10.38 million U.S., up from $9.53 million U.S. in the year-ago quarter. Redline Communications Group Inc. shares T.RDL are trading even at $0.35.