09:51 AM EST - YANGAROO Inc. : announced its results for the six months and second quarter ended June 30, 2010. Revenues for the six months ended June 30, 2010 decreased 1% over revenues for the same period in 2009, primarily as a result of timing differences in award show billings that were invoiced in the second quarter of 2009 but are to be billed in the second half of 2010. The loss for six months ended June 30, 2010 was 10% higher ($128,000) compared to the same period in 2009, largely due to increases in amortization of intangible assets of 41% ($87,000) and interest expense of $52,000 on convertible debentures that were issued in the first half of 2010. YANGAROO Inc.
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