Alvarion Ltd. reported consolidated earnings results for the second quarter and six months ended June 30, 2012. For the quarter, the company reported sales of $33,810,000 against $55,361,000 for the same period last year. Operating loss was $9,887,000 against operating income of $317,000 for the same period last year. Net loss before income tax was $10,736,000 against net income before income tax of $319,000 for the same period last year. Net loss was $10,736,000 or $0.17 per diluted share against net income of $319,000 or $0.01 per diluted share for the same period last year. On a non-GAAP basis, excluding stock-based compensation and other charges, the company reported a net loss of $5.8 million or $0.09 per share compared with a non-GAAP net loss of $5.4 million or $0.09 per share, in the first quarter of 2012, and a non-GAAP net income of $1.5 million, or $0.02 per share, in the second quarter of 2011. Net cash used in operating activities was $9,256,000 and purchase of fixed assets was $544,000. For the six months, the company reported sales of $67,120,000 against $101,862,000 for the same period last year. Operating loss was $16,156,000 against $14,216,000 for the same period last year. Net loss before income tax was $17,602,000 against $14,133,000 for the same period last year. Net loss was $17,602,000 or $0.28 per diluted share against $14,133,000 or $0.23 per diluted share for the same period last year. The company believes revenues in the third quarter of 2012 will be in the range of $31 million to $39 million. Depending on shipment volume and mix, third quarter non-GAAP per share results are expected to range between a loss of $0.06 and a profit of $0.02. The GAAP per share results are expected to range between a loss of $0.08 and breakeven, before any one-time charges.