xG Technology (XGTI) Posts Q2 Loss of 98c/Share

August 18, 2016 9:30 AM EDT

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xG Technology (NASDAQ: XGTI) reported Q2 EPS of ($0.98), $0.50 worse than the analyst estimate of ($0.48). Revenue for the quarter came in at $1.66 million versus the consensus estimate of $2.5 million.

In the same period last year, xG Technology reported revenue of $374 thousand and a loss of $16.78 per share.

For earnings history and earnings-related data on xG Technology (XGTI) click here.

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