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Westaim: 2Q Earnings Snapshot

August 8, 2019

TORONTO (AP) _ Westaim Corp. (WEDXF) on Wednesday reported second-quarter net income of $7.8 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Toronto-based company said it had profit of 5 cents.

The investment company posted revenue of $1.2 million in the period.

The company’s shares closed at $1.90. A year ago, they were trading at $2.41.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WEDXF at https://www.zacks.com/ap/WEDXF

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