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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology
EDIG 0.00010000.0%Mar 20 4:00 PM EDT
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To: Starlight who wrote (18357)2/15/2005 11:50:05 AM
From: carl a. mehr  Read Replies (1) of 18366
 
News:
e.Digital Corp. (OTC: EDIG) on Monday reported a net loss of $464,000, or 1 cent a share, on revenues of $1.4 million for the this quarter ended Dec. 31. This compared to a net loss of $499,000, or 1 cent a share, on revenues of $718,000 for the same period last year.



The San Diego-based company reported a net loss of $1.71 million, or 1 cent a share, on revenues of $3.54 million for the first nine months ended Dec. 31. This compared to a net loss of $1.84 million, or 2 cents a share, on revenues of $2.97 million for the same period last year.

e.Digital partners with companies to design and provide manufacturing services for their branded digital video, digital audio and wireless products based on the company's proprietary MicroOS-enabled technology platforms.

e.Digital said most of its revenues are currently being derived from APS/Wencor through sales and support of their growing digEplayer market opportunities. The digEplayer is now on board ten airlines; it is the only portable in-flight entertainment product with content security approved by five major movie studios.

e.Digital shares closed at 21 cents, up 1 cent, during regular trading on Monday.
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