NetworkNewsBreaks – SeeThruEquity Updates Covera
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Posted On: 04/10/2018 6:01:11 PM
NetworkNewsBreaks – SeeThruEquity Updates Coverage on Net Element, Inc. (NASDAQ: NETE)
SeeThruEquity, an independent equity research and corporate access firm focused on smallcap and microcap public companies, this morning issued a company update on global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE). The company recently reported full-year 2017 results, including revenues of over $60 million for the year, representing an 11% increase over 2016. The company also improved its balance sheet, ending the year with cash on hand of $11.3 million and total financial debt of $7.0 million. The analyst also mentions Net Element’s further growth potential that will likely be driven by its new blockchain initiatives.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
SeeThruEquity, an independent equity research and corporate access firm focused on smallcap and microcap public companies, this morning issued a company update on global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE). The company recently reported full-year 2017 results, including revenues of over $60 million for the year, representing an 11% increase over 2016. The company also improved its balance sheet, ending the year with cash on hand of $11.3 million and total financial debt of $7.0 million. The analyst also mentions Net Element’s further growth potential that will likely be driven by its new blockchain initiatives.
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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