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High Wire Networks Inc. HWNI
(Total Views: 380)
Posted On: 12/19/2019 3:25:08 PM
Post# of 848
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Q3 2019 Financial Report Reveals Stronger Balance Sheet, Larger Portfolio

Spectrum Global Solutions (OTCQB: SGSI), a leading, single-source provider of next-generation communications network, technology, infrastructure and maintenance solutions, recently released its third-quarter financial report, which included a look at its growing portfolio and stronger balance sheet. An article discussing the company reads, “‘We expect to see encouraging growth through the remainder of the fourth quarter and into 2020, chiefly driven by growing investments in 5G networks across the United States by all major carriers,’ Spectrum Global CEO Roger Ponder stated in a company news release announcing the quarterly results (http://nnw.fm/Nn8O4). . . . Gross profits during the third quarter rose to 18% of revenues from 16.6% the year previous, as a result of ‘minor fluctuations of margins’ in existing contracts.”

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