Intermap Technologies Swings To Profit In Q2

8/8/2012 12:00 PM ET

Intermap Technologies Corp. (IMP.TO: Quote) Wednesday reported a profit for the second quarter compared to a loss last year, driven mainly by a 80 percent growth in revenues.

The Englewood, Colorado-based company's second-quarter net profit was $832 thousand or $0.01 per share, compared to a net loss of $3.42 million or $0.05 per share last year.

Total revenues for the quarter surged to $7.99 million from $4.44 million in the prior-year quarter.

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by RTT Staff Writer

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