Metalink Reports Third Quarter EPS of $.046

Metalink Ltd. MTLK, today announced its unaudited financial results for the third quarter of 2010 ended September 30, 2010. Revenues for the third quarter of 2010 were $0.36 million compared to $0 million for the third quarter of 2009; the revenues are only from Metalink's continuing operation, the legacy DSL sales. Net profit for the period from continuing operation was $0.12 million, or $0.046 per share, compared to net loss of $(1.6) million, or $(0.64) per share, for the third quarter of 2009. Net income for the period from discontinued operation was $0 million, or $0 per share, compared to net loss $(2,343) million, or $(0.92) per share, for the third quarter of 2009.