Wireless Xcessories Group Inc. announced unaudited earning results for the third quarter and nine months ended September 30, 2013. For the quarter company reported sales of $8,891,407 compared to $9,918,638 for the same period in fiscal 2012 or a decrease of $10.4%. The third quarter loss from operations was $96,639 for the quarter ended September 30, 2013 against income from operations of $187,475 for the same period in fiscal 2012. The company had a net loss of $55,855 or $0.01 per share, compared to net income of $112,621 or $0.01 per share in the same period for 2012.

For the nine months, the company reported revenue of $27,079,802 compared to $27,653,689 for the same period in fiscal 2012, or a net decrease of 2.1%. Loss from operations was $57,132 or $0.01 per share compared to Income from operations $482,661 in 2012 or $0.09 per share. The company showed a net loss, after taxes, of $35,297 or $0.01 per share in 2013, compared to net income of $299,882 or $0.06 per share in 2012. The total company debt was $0.2 million, and total equity has reached approximately $8.3 million as of September 30, 2013. Reduction in sales was reflective of the lack of new phone releases combined with a slower rate of consumers upgrading their handsets and an overall very competitive market.