11:41 AM EST - Wireless Matrix Corporation : announced financial and operating results for the quarter ended October 31, 2010. All currency is expressed in U.S. dollars. Wireless Matrix ended the quarter with 83,883 total subscribers, up 6% from Q2 2010, with almost 3,000 additional subscribers in backlog anticipated to be activated in fiscal year 2011. Application related subscribers increased 60% to 59,713, now representing 71% of total subscribers. Total revenues were $8.7 million, compared to $10.3 million in Q2 2010. Net loss was $1.3 million or $0.02 per share, compared to a net loss of $280,000 or $0.00 per share in Q2 2010. Wireless Matrix Corporation
shares T.WRX are trading even at $0.97.
