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NetworkNewsBreaks – ProBility Media Corp. (PBYA)

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Post# of 89
(Total Views: 527)
Posted On: 06/20/2017 5:04:47 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – ProBility Media Corp. (PBYA) Records 253% YOY Revenue Growth for 2Q17

Education technology company ProBility Media Corp. (OTCQB: PBYA) this morning announced its financial results for the fiscal second quarter ended April 30, 2017. Among the highlights, the company recorded revenues of $1,840,647 for the three-month period, marking an increase of 253 percent over the second quarter of 2016. Notably, this year-over-year growth represents the fourth straight quarter in which ProBility has recorded increasing revenues. “We are extremely proud of our incredibly talented team that continues to deliver sequential revenue growth and record sales,” Evan Levine, Noah Davis and Steven Plumb, executive management team members of ProBility, noted in a joint statement. “Recent sales are reflective of an increase in volume of our online courses which has resulted in an increase in gross margins and we expect this trend to continue.” This sunny forecast is supported by recent moves from the Trump Administration, which is currently working to initiate new programs that support growth in “the very industries that ProBility offers its fully developed learning, training, and compliance products.”

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