09:51 AM EST - Wireless Matrix Corporation : announced financial and operating results for the three months ended October 31, 2011. All currency is expressed in U.S. dollars. Application-related revenue was $3.4 million, compared to $3.3 million in the prior quarter. Proforma net loss of $310,000 in the second quarter of 2012, compared to a $1,297,000 in Q2 2011. Net loss was $706,000 or $0.01 per share, which includes the impact of $396,000 of costs related to the acquisition of certain assets of SkyGuard, LLC and litigation related expenses. Wireless Matrix Corporation
shares T.WRX are trading even at $0.81.
