Zoom Technologies, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2013. For the quarter, the company reported net revenues of $6,764,881 against $11,691,462 a year ago. Loss from operations was $122,293 against $820,520 a year ago. Loss before income taxes and non-controlling interest was $79,955 against $638,902 a year ago. Loss attributable to Zoom Technologies, Inc. from continuing operations was $444,279 or $0.02 per basic and diluted share against $783,316 or $0.03 per basic and diluted share a year ago. Loss attributable to the company was $2,729,304 or $0.09 per basic and diluted share compared to income attributable to the company of $770,262 or $0.03 per basic and diluted share a year ago. Loss attributable to the company was $4,191,809 or $0.14 per basic and diluted share compared to income attributable to the company of $1,295,194 or $0.05 per basic and diluted share a year ago.

For the six months, the company reported net revenues of $14,130,111 against $27,773,797 a year ago. Loss from operations was $942,819 against $981,786 a year ago. Loss before income taxes and non-controlling interest was $1,371,396 against $1,024,141 a year ago. Loss attributable to Zoom Technologies, Inc. from continuing operations was $1,586,097 or $0.05 per basic and diluted share against $1,408,297 or $0.06 per basic and diluted share a year ago. Loss attributable to the company was $4,191,809 or $0.14 per basic and diluted share compared to income attributable to the company of $1,295,194 or $0.05 per basic and diluted share a year ago. Net cash used in operating activities was $1,383,982 against $2,315,780 a year ago. Purchase of property and equipment and other long-term assets was $123,256 against $150,417 a year ago.