Bethesda-based Spherix cuts loss as revenue slips
BY: Daily Record Staff BETHESDA — Spherix Inc. of Bethesda, said it cut its second-quarter net loss to $1 million, or 40 cents per diluted share, versus a net loss of $2.6 million, or $1.49 per share, for the year-ago period. Revenue in the quarter ended June 30, 2011, was $186,000 versus $327,100 for the same period in 2010. [...] |
Severn Bank posts loss in 2Q
BY: Daily Record Staff Severn Bancorp Inc. of Annapolis, parent company of Severn Savings Bank, said second-quarter net loss was $846,000, or 13 cents per diluted share, compared to net income of $593,000, or 2 cents per share, for the second quarter of 2010. In a statement, the company said the loss stemmed from a decision to add $3 [...] |



