Cyberplex reports loss for Q3

Cyberplex Inc., a provider of internet solutions that combine business strategy, software development and integration, has reported loss of C$522,000, or C$0 loss per share, for the third quarter ended September 30, 2012, compared to income of C$1.05 million, or C$0.01 per share, for the same quarter ended September 30, 2011.

Revenue for the third quarter ended September 30, 2012 was C$3.51 million, compared to C$3.12 million for the same quarter ended September 30, 2011.

Income for the nine months ended September 30, 2012 was C$1.28 million, or C$0.01 per share, compared to loss of C$4.58 million, or C$0.03 loss per share, for the same period ended September 30, 2011.

Revenue for the nine months ended September 30, 2012 was C$10.93 million, compared to C$9.32 million for the same period ended September 30, 2011.

"With a stronger balance sheet, we were able to make meaningful investments in the quarter that will help accelerate our growth" said Geoffrey Rotstein, President and CEO of Cyberplex.

"Our experience in building and operating large scale advertising platforms that analyze and process massive amounts of data has made our core advertising platform among the most innovative and high performing in the industry," added Rotstein.