Cyberplex Inc. expected to report Q3 2010 results on November 12, 2010. This event was calculated by Capital IQ (Created on August 14, 2010).

Cyberplex Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2010. For the quarter, the company reported revenue of $18.2 million was a significant increase over the $12.3 million recorded in the first quarter of 2010 and a decrease from the $25.7 million generated during the same quarter last year. Income before the amortization of capital assets and amortization of intangible assets was $0.52 million against $1.24 million for the same period a year ago. Loss from operations was $0.73 million against income from operations of $1.15 million for the same period a year ago. Loss before income taxes was $1.04 million against income before income taxes of $1.13 million for the same period a year ago. Net loss was $0.73 million or $0.01 per diluted share against net income of $1.00 million or $0.02 per diluted share for the same period a year ago. Cash provided by operating activities of $4,682,078 against $3,520,160 a year ago. Additions to capital assets were $62,255 against $104,298 a year ago. Additions to intangible assets were $50,000. For the six months, the company reported income before the amortization of capital assets and amortization of intangible assets of $0.76 million, loss from operations of $0.64 million, loss before income taxes of $0.92 million and net loss of $0.81 million or $0.01 per diluted share on revenue of $30.5 million against income before the amortization of capital assets and amortization of intangible assets of $5.49 million, income from operations of $5.32 million, income before income taxes of $5.27 million and net income of $5.13 million or $0.09 per diluted share on revenue of $57.86 million for the same period a year ago. Cash used in operating activities of $976,459 against cash provided by operating activities of $6,402,161 a year ago. Additions to capital assets were $360,642 against $311,958 a year ago. Additions to intangible assets were $100,782. The company and its Board of Directors announced the appointment of John Fisher to the Board of Directors. Mr. Fisher will bring to the Board over 19 years of business and investment experience and will serve in the role of Chairman of the Audit Committee. Currently, Mr. Fisher serves as the President of Bridgeport Asset Management Inc. The company also announced that Richard Maisel will be joining in the role of Chief Financial Officer. Richard has served in various senior financial roles in both private and publicly traded technology companies in Canada for over 14 years. Most recently, Richard served as Chief Financial Officer of Belzberg Technologies Inc. Richard will fill the role previously served by Isaac Osiel.

Cyberplex Inc. announced that they will report Q2, 2010 results on Aug-12-2010