04:08 PM EST - Mitec Telecom Inc. : reported a second-quarter net loss of $1.84 million or $0.01 per share, compared to a loss of $1.18 million or $0.01 per share in the prior year period. Sales declined to $7.20 million from $10.57 million in the previous-year period. For the first half, net loss was $3.91 million or $0.02 per share, compared to a loss of $1.14 million or $0.01 per share in the preceding year period. Sales decreased to $13.91 million from $25.50 million a year ago. Mitec Telecom Inc.
shares T.MTM are trading even at $0.05.