Digital Power posts second-quarter financial results

Digital Power, a provider of customised power system products, has announced its financial results for the second quarter ending on 30 June 2010.

Revenues increased by 3.6 per cent to $2.2m (£1.4m) for the quarter ending on 30 June 2010, compared with $2.1m for the quarter ending on 30 June 2009.

Gross margins increased to 40 per cent for the quarter, compared with 33.9 per cent for the same period last year.

Net income was $103,000, compared with a net loss of $118,000 for the same quarter in 2009.