AXCESS International Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported sales of $213,164, loss from operations of $705,572, net loss applicable to common stock of $759,348 and basic and diluted net loss per share of $0.02 against sales of $511,190, loss from operations of $852,519, net loss applicable to common stock of $1,164,682 and basic and diluted net loss per share of $0.04 for the same period last year. The decrease in the net loss is mainly related to the increased margin contribution of the Trinidad contract, lower research and development expenses and lower interest expense. For the nine months, the company reported sales of $4,452,681, loss from operations of $229,853, net loss applicable to common stock of $498,710 and basic and diluted net loss per share of $0.02 against sales of $1,175,022, loss from operations of $3,357,483, net loss applicable to common stock of $4,669,120 and basic and diluted net loss per share of $0.16 for the same period last year.

AXCESS International Inc. announced that they will report Q3, 2009 results after the market closes on November 12, 2009.

AXCESS International Inc., Q3 2009 Earnings Call, Nov-13-2009