Wireless Matrix Corporation (TSX:WRX) has released the second quarter earnings for 2010. The company reported total revenues of $10.3 million, a 6% increase over the 2009 second quarter earnings. It’s adjusted EBITDA is $1.0 million, down 3% from the previous year.
The company held a conference call to discuss the financial results. Interested parties may listen to a webcast of the presentation online at http://www.wirelessmatrix.com/. The full financial results will also be available on the company’s website.
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Wireless Matrix Corporation is engaged in the business of mobile resource management providing service chain execution solutions to enterprises with service fleets. The Wireless Matrix solution suite includes FleetOutlook, a Web-based platform that provides management and fleet operators visibility into their operations enabled by real-time wireless data communication services over a variety of modems and hardware devices. It provides Global Positioning System (GPS) tracking and fleet management software for more than 65,000 vehicles across North America. The Company services small, medium and enterprise fleets in field service, utilities, cable, rail and distribution markets.
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