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Posted On: 06/05/2019 3:48:21 PM
Post# of 848
NetworkNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Achieves First Quarter Positive Income
Spectrum Global Solutions (OTCQB: SGSI), a leading telecommunications engineering and infrastructure services provider, recently reported its first quarter with positive income from operations. An article discussing SGSI’s Q1 2019 financial results reads, “For the three months ended March 31, 2019, SGSI reported revenues of $11,335,732, as compared to sales of $4,327,764 the first quarter of 2018. In 2019, the company showed its first quarterly income from continuing operations of $14,699, as compared to a loss from operations of $743,491 during the same period in 2018 (http://nnw.fm/WQc71). . . . ‘Revenue was just over $11.3 million, which reflects consistent growth in our AW solutions, ADEX and TNS subsidiaries,’ SGSI CEO Roger Ponder stated in a news release. ‘We also reported positive income for the period. This is Spectrum’s first quarter with positive income from operations, which demonstrates continued improvements in the business.’”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Spectrum Global Solutions (OTCQB: SGSI), a leading telecommunications engineering and infrastructure services provider, recently reported its first quarter with positive income from operations. An article discussing SGSI’s Q1 2019 financial results reads, “For the three months ended March 31, 2019, SGSI reported revenues of $11,335,732, as compared to sales of $4,327,764 the first quarter of 2018. In 2019, the company showed its first quarterly income from continuing operations of $14,699, as compared to a loss from operations of $743,491 during the same period in 2018 (http://nnw.fm/WQc71). . . . ‘Revenue was just over $11.3 million, which reflects consistent growth in our AW solutions, ADEX and TNS subsidiaries,’ SGSI CEO Roger Ponder stated in a news release. ‘We also reported positive income for the period. This is Spectrum’s first quarter with positive income from operations, which demonstrates continued improvements in the business.’”
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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