Crossroads Systems (CRDS) Reports Q4 Loss of $0.20

Crossroads Systems (NASDAQ: CRDS) reported Q4 EPS of ($0.20), versus ($0.03) reported last year. Revenue for the quarter came in at $674 thousand versus the consensus estimate of $1 million.

Richard K. Coleman, Jr., President and CEO at Crossroads Systems, said, "We are continuing to implement our plans to increase shareholder value by leveraging our patent assets. We are working diligently and patiently with interested potential buyers of our non-'972 patents and remain hopeful for a prompt and positive outcome on the pending appeals of our '972 patents.

For earnings history and earnings-related data on Crossroads Systems (CRDS) click here.

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