ATLANTA-Preferred Networks Inc. released second-quarter results with a net loss of $2.3 million, or 20 cents a share, compared with a net loss of $3.8 million, or 24 cents per share, reported for the year-ago quarter.
Revenues increased almost 9 percent to $9.9 million, from $9.1 million last year, while cash flow jumped 40.7 percent to negative $731,000 from negative $1.2 million the previous second quarter.
