Lightyear Network Solutions, Inc. announced unaudited consolidated financial results for the second quarter and six months ended June 30, 2012. For the quarter, the company reported loss from operations was $17,087 million against $249,530 for the same period a year ago. Loss before income taxes was $147,850 against $221,566 for the same period a year ago. Loss attributable to common stockholders was $147,850 or $0.01 per basic and diluted share against $600,525 or $0.03 per basic and diluted share for the same period a year ago.

For the six months ended June 30, 2012, the company reported loss from operations was $508,829 against $830,960 for the same period a year ago. Loss before income taxes was $769,069 against $681,072 for the same period a year ago. Loss attributable to common stockholders was $769,069 or $0.03 per basic and diluted share against $1,311,027 or $0.06 per basic and diluted share for the same period a year ago. Cash generated from operations was approximately $714,000 compared with cash used in operations of approximately $631,000 for the same period in 2011.