11:41 AM EST - COM DEV International Ltd. : reported second-quarter net income of $4.1 million or $0.05 per share, compared with $4.9 million or $0.07 per share in the same quarter last year. Net income in Q2 2010 included a $1.5 million foreign exchange gain, compared to a foreign exchange loss of $300,000 a year earlier, as gains from the company's hedging program more than offset the negative impact of translation of foreign denominated balance sheet items. Revenue for the quarter was $60.4 million compared to $64.1 million in the previous-year period. COM DEV International Ltd.
shares T.CDV are trading down $0.47 at $1.86.
