09:38 AM EST - BSM Technologies Inc. : reported its third-quarter net loss narrowed to $394,540 or $0.005 per share from $603,234 or $0.01 per share for the three months ended June 30, 2008. Revenues for the third quarter slid 14% to $1.96 million from $2.29 million in the comparable period last year, due to decreased hardware and services revenue. Recurring service revenue for the quarter was up 25% to $1.25 million from $1.01 million in 2008, reflecting the growth in the installed base of subscribers to the company's services. BSM Technologies Inc.
shares V.GPS are trading even at $0.08.
