MARKHAM – Supplier, contractor and network solutions company Cygnal Technologies yesterday announced improved financial results for the first quarter of 2006, ended March 31st. Revenues were $30.5 million, up 4.8% from $29.1 million in the first quarter of 2005. Gross margin was 21.9%, up from 20.1% in the first quarter of the previous year. Selling, general and administrative expenses were $8.6 million, down from $9 million in the first quarter last year. EBITDA was a loss of $2 million, compared to an EBITDA loss of $3.1 million in Q1 2005. Net loss was $3.3 million, or $0.12 per share, compared...
