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CounterPath posts loss of $248,000 in 3rd quarter

VANCOUVER – VANCOUVER, British Columbia (AP) _ CounterPath Corp. (CPAH) on Tuesday reported a loss of $248,000 in its fiscal third quarter.

The Vancouver, British Columbia-based company said it had a loss of 5 cents per share. Losses, adjusted for stock option expense, came to 1 cent per share.

The business telecommunications company posted revenue of $2.7 million in the period.

The company’s shares closed at $2.05. A year ago, they were trading at $5.40.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPAH at http://www.zacks.com/ap/CPAH

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Keywords: CounterPath, Earnings Report