10:29 AM EST - Ivrnet Inc. : reported a plunge in second-quarter net income to $1,616 from $4,241 in the comparable period last year. EBITDA for the second quarter improved to $88,220 from $84,538 a year ago. Revenues for the latest quarter slightly increased to $630,501 from $622,569 in the previous year. In the second quarter of 2009, the gross margin amounted to $501,679 or 80% of revenues, the company noted. Ivrnet Inc.
shares V.IVI are trading unchanged at $0.19.
