United Communications Partners Inc. Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2012
For the nine months, the company reported net revenues were $12,092,000 compared to $10,489,000 for the same period last year. Loss from continued operations was $1,026,000 compared to $868,000 for the same period last year. Loss before income tax and non controlling interest was $1,431,000 compared to $893,000 for the same period last year. Loss available to common shareholders was $1,440,000 compared to $893,000 for the same period last year. Net cash used in operating activities was $436,000 compared to net cash from operating activities of $516,000 for the same period last year. Purchase of equipment was $35,000 compared to $65,000 for the same period last year.