Wireless Xcessories Group, Inc. Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2013
October 01, 2013 at 12:11 pm EDT
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Wireless Xcessories Group Inc. announced unaudited earnings results for the second quarter and six months ended June 30, 2013. For the quarter, the company reported revenue of $9,639,357 compared to $9,831,816 for the same period in fiscal 2012. Loss from operations was $18,379 compared to income from operations of $89,570 for the same period in fiscal 2012. Net loss was $14,095 or $0.00 per share compared to net income of $48,694 or $0.02 per share in the same period for 2012.
For the six months, the company reported revenue of $18,188,395 compared to $17,735,051 for the same period in fiscal 2012, or a net increase of 2.6%. Income from operations was $39,507 or $0.01 per share compared to $297,756 in 2012 or $0.07 per share. Net income after taxes was $20,558 or $0.01 per share compared to $193,221 or $0.05 per share in 2012.
Wireless Xcessories Group, Inc. designs, manufactures and distributes accessories for cellular phones. The Company offers around 3,500 items that include batteries, hands free devices, car and travel chargers, as well as carrying cases. The Company provides accessory solutions to the wireless retail channel. The Company stocks a range of phone parts for Apple and Samsung devices, such as Apple iPhone 4, 4S, 5, 5S, 5C, iPad 2, 3, 4, iPad Mini, iPad Air, Samsung Galaxy S3, Galaxy S4, Galaxy S5, Note 2 and Note 3. The Company carries a variety of replacement parts, such as full liquid-crystal display (LCD) assemblies, including small parts, Samsung original equipment manufacturer (OEM) LCDs, LCD/digitizer/glass assemblies, tempered glass, speakers, buttons, front/rear cameras, charging docks and audio ports. The Company sells products to dealers and distributors through an in-house sales force and directly from its Website.
WIRELESS XCESSORIES GROUP, INC. 
