Envoy Reports a Second-Quarter Profit; Revenue Falls

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Envoy Communications Group has posted a fiscal second-quarter profit of $1 million, inclusive of non-recurring items, or 5 cents a share, compared with a year- earlier loss of $26 million. Revenue slid 36.5 percent to $6.5 million from $10.3 million.

The Toronto holding company did not disclose the non-recurring items. CEO Geoffrey Genovese did not return calls.

For the six months ended March 31, net income, including non-recurring items, rose to $571,488 compared to a loss of $27.2



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