Earnings: Interlink Electronics, Tix Corp.

Interlink Electronics Inc. reported a decrease in earnings and revenue for the second quarter. The Camarillo manufacturer of touchpads and computer mouse products for rugged environments reported on Monday net income of $109,000 (2 cents a share) for the quarter ending June 30, compared with net income of $359,000 (5 cents) in the same period a year earlier. Revenue dropped 25 percent to $2 million. No analysts follow the company. The company attributed the revenue drop to market challenges in the industries it serves. The deterioration of net income was the result of higher income tax expense related to non-recurring foreign withholding taxes in the amount of $116,000. Chief Executive Steven Bronson said that the medical device market was a strong point during the second quarter as it replaced revenue from the declining automotive and industrial markets. “Overall, we expect medical related revenues to show continued growth, although at a slower pace, then stabilize at historical levels,” Bronson said in a statement. During the quarter, the company relocated its headquarters to Camarillo from Westlake Village. Shares in Interlink (LINK) closed unchanged at $1.95 on the over-the-counter market. Tix Corp. reported an improvement in its revenue and narrowed its net loss in the second quarter. The Studio City discount ticket seller for Las Vegas shows reported on Monday a net loss of $13,000 (0 cents a share) for the quarter ending June 30, compared to a net loss of $458,000 (-3 cents) in the same period a year earlier. Revenue increased 8 percent to $3.4 million. No analysts follow the company. Shares of Tix (TIXC) closed unchanged at 57 cents on the over-the-counter market.