Westaim Corp. reported consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported loss from continuing operations of $18,000 or $0.00 per basic and diluted share against $1,851,000 or $0.02 per basic and diluted share for the same period a year ago. Net loss was $175,000 or $0.00 per basic and diluted share on revenue of $6,672,000 against net loss of $3,122,000 or $0.03 per basic and diluted share on revenue of $5,466,000 for the same period a year ago. For the nine months, the company reported loss from continuing operations of $3,382,000 or $0.04 per basic and diluted share against $511,000 or $0.01 per basic and diluted share for the same period a year ago. Net loss was $4,144,000 or $0.04 per basic and diluted share on revenue of $17,644,000 against net loss of $12,981,000 or $0.14 per basic and diluted share on revenue of $15,428,000 for the same period a year ago.

Westaim Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported operating income of $293,000 and comprehensive loss of $442,000 compared to the operating loss of $1,747,000 and comprehensive loss of $2,620,000 for the same period a year ago. The company reported cash provided by operating activities of $717,000 compared to the cash used in operating activities of $1,239,000 for the same period a year ago. The company reported capital expenditures of $84,000 compared to the capital expenditures of $191,000 for the same period a year ago. For nine months, the company reported operating loss of $3,869,000 and comprehensive loss of $4,214,000 compared to the operating loss of $8,851,000 and comprehensive loss of $12,103,000 for the same period a year ago. The company reported cash used in operating activities of $3,258,000 compared to the cash provided by operating activities of $2,209,000 for the same period a year ago. The company reported capital expenditures of $369,000 compared to the capital expenditures of $1,077,000 for the same period a year ago.

Westaim Corp. reported consolidated unaudited earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported loss from continuing operations of $1,025,000 or $0.01 per basic and diluted share against $1,887,000 or $0.02 per basic and diluted share for the same period a year ago. Net loss was $1,288,000 or $0.01 per basic and diluted share on revenue of $5,798,000 against net loss of $3,002,000 or $0.03 per basic and diluted share n revenue of $4,754,000 for the same period a year ago. For the six months, the company reported loss from continuing operations of $3,364,000 or $0.04 per basic and diluted share against income of $1,340,000 or $0.01 per basic and diluted share for the same period a year ago. Net loss was $3,969,000 or $0.04 per basic and diluted share on revenue of $10,972,000 against net loss of $9,859,000 or $0.10 per basic and diluted share n revenue of $9,962,000 for the same period a year ago.