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Posted On: 09/06/2017 5:34:17 PM
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NetworkNewsBreaks – HighCom Global Security, Inc. (HCGS) Reports 116% YOY Increase in Q2 Revenues
Leading security solutions provider HighCom Global Security, Inc. (OTC: HCGS) this morning announced its financial results for the second quarter and first half of 2017. Among the highlights, the company reported $1.5 million in revenues for the three-month period, marking an increase of 116 percent from the second quarter of 2016. Likewise, HighCom Global recorded $2.6 million in revenues for the first half of 2017, marking a 37.5 percent increase from the comparable period of 2016. “We have consistently grown our revenues year-over-year, driven by increased consumer demand and our ability to meet corporate goals,” Craig Campbell, CEO of HighCom Global, stated in the news release. “From 2013 to 2016, we have achieved CAGR at an impressive 40%.” The company attributed this strong performance to strength in each of its operating segments, including hard armor, soft armor, shields and ballistic helmets. Moving forward, HighCom Global intends to continue building on this momentum while pursuing additional opportunities by leveraging “the expertise of its newly assembled executive leadership team and world-class board of directors.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Leading security solutions provider HighCom Global Security, Inc. (OTC: HCGS) this morning announced its financial results for the second quarter and first half of 2017. Among the highlights, the company reported $1.5 million in revenues for the three-month period, marking an increase of 116 percent from the second quarter of 2016. Likewise, HighCom Global recorded $2.6 million in revenues for the first half of 2017, marking a 37.5 percent increase from the comparable period of 2016. “We have consistently grown our revenues year-over-year, driven by increased consumer demand and our ability to meet corporate goals,” Craig Campbell, CEO of HighCom Global, stated in the news release. “From 2013 to 2016, we have achieved CAGR at an impressive 40%.” The company attributed this strong performance to strength in each of its operating segments, including hard armor, soft armor, shields and ballistic helmets. Moving forward, HighCom Global intends to continue building on this momentum while pursuing additional opportunities by leveraging “the expertise of its newly assembled executive leadership team and world-class board of directors.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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