Westlake Village Computer Firm Loses $1.1 Million

Intelligent Communications Networks, a Westlake Village company that is developing computer communications and networking systems, lost money in its second quarter ended June 30 as it has every quarter since 1982.

The company reported a net loss of $1.1 million, or 16 cents per share, on revenue of $362,604 for the quarter. During the same period last year, Intelligent Communications had a net loss of $918,685, or 17 cents, on revenue of $256,522.

For the six months ended June 30, the company reported a net loss of $2.2 million, or 31 cents per share, on revenue of $730,181.