NetworkNewsBreaks – SeeThruEquity Issues Update
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Posted On: 05/24/2018 5:35:36 PM
NetworkNewsBreaks – SeeThruEquity Issues Update 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). Net Element recently reported first quarter 2018 results, including revenues of $16 million, representing an increase of approximately 18% versus $14 million for the same period of the previous year. Strong execution in the company’s North America Transactions Solutions business segment was credited as the driving force behind the revenue growth for the quarter. The report also highlighted the company’s growth in transaction volume, particularly in North America, and narrowing losses for the quarter. SeeThruEquity plans to reassess its price target, which remains unchanged, following an update by the company regarding its development and its prospects for blockchain in the coming year.
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). Net Element recently reported first quarter 2018 results, including revenues of $16 million, representing an increase of approximately 18% versus $14 million for the same period of the previous year. Strong execution in the company’s North America Transactions Solutions business segment was credited as the driving force behind the revenue growth for the quarter. The report also highlighted the company’s growth in transaction volume, particularly in North America, and narrowing losses for the quarter. SeeThruEquity plans to reassess its price target, which remains unchanged, following an update by the company regarding its development and its prospects for blockchain in the coming year.
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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