Lightyear Network Solutions, Inc. reported consolidated financial results for the year ended December 31, 2012. For the year, the company has posted revenues of $66,440,789 against $70,495,597 a year ago. Loss from operations was $1,808,580 against $871,899 a year ago.

Loss before income tax was $2,262,826 against $717,277 a year ago. Net loss was $2,262,826 against $593,477 a year ago. Loss attributable to common stockholders was $2,262,826 or $0.10 basic and diluted per share against $12,429,007 or $0.57 basic and diluted per share a year ago.

Net cash provided by operating activities was $1,402,802 against $47,355 a year ago. Purchases of property and equipment were $318,305 against $1,145,994 a year ago.