SAN DIEGO-Wireless handset distribution company InfoSonics Corp. saw its second-quarter profit fall due to stock-option charges.
Net income for the quarter was $127,000, down significantly from net income of $408,000 during the same period last year. Excluding the stock-options charges, net income would have been $1.3 million, said the company.
Net sales totaled $58.3 million, up from $32.5 million the previous year.
