Telestone shares fall after 2nd-quarter results show net income falling
Telestone shares fall on 2Q earnings
NEW YORK — Shares were pummeled in Chinese wireless network gear-maker Telestone Technologies Corp., which on Thursday reported lower second-quarter profits as rising costs for training its sales staff offset higher revenue.
Net income in the three months to June 30 fell 13 percent to $1.7 million, or 16 cents per …. Original article on Gaea Times at : Telestone shares fall after 2nd-quarter results show net income falling.
