Excluding non-cash charges, our Q3 2011 non-GAAP operating loss totaled $1.1 million or $0.06 per basic and diluted share, compared to a non-GAAP operating loss of $1.1 million or $0.06 per basic and diluted share in the previous quarter and a non-GAAP operating loss of $1 million or $0.06 per basic and diluted share in Q3 of 2010. Our GAAP expenses for the third quarter of 2011 totaled $2.5 million sequentially down $300,000 from $2.8 million from the previous quarter and down approximately $200,000 from $2.7 million from the same period in the prior year.We continued to diligently manage our expenses focusing on achieving a breakeven non-GAAP EBITDA quarter. Now turning to the balance sheet, our networking capital position was $3.5 million at the end of the third quarter compared to $4.6 million at June 30, 2011. Our overall cash, cash equivalents and restricted cash totaled $4.3 million, up approximately $400,000 from previous quarter.
Wireless Ronin Technologies' CEO Discusses Q3 2011 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.