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Internet Patents Slips To Loss

Internet Patents Corp. (PTNT) Monday reported second quarter net loss of $0.9 million or $0.12 per basic share, compared to net income of about $1 million or $0.17 per basic share in the prior year.

The company, as in the prior year, did not report any revenues for the reporting quarter.

Moving forward, Internet Patents said it expects third-quarter operating expenses of $0.6 to $0.7 million.

by RTTNews Staff Writer

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