Ezenia! Inc. (OTCBB: EZEN), a leading market provider of real-time situation awareness, command and control solutions for corporate and government networks, today reported its financial results for the first quarter ended March 31, 2011.
For the first quarter of 2011, the Company generated revenue of approximately $676,000, a 4% decline from approximately $703,000 for the first quarter of 2010. Gross margin declined to approximately 64.6% this quarter from approximately 65.1% a year ago. Loss from operations was approximately $792,000 ... read more